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Mainland Real Estate stocks fell with the market, ZHONGLIANG HLDG (02772) decreased by 5.79%. Institutions expect that December transactions will continue to recover.
Jinwu Finance | Mainland Real Estate stocks decline with the market, ZHONGLIANG HLDG (02772) down 5.79%, CHINA VANKE (02202) down 4.2%, RADIANCE HLDGS (09993) down 3.32%, CHINA JINMAO (00817) down 2.97%, CHINA OVERSEAS (00688), LONGFOR GROUP (00960), CHINA RES LAND (01109) down over 1%. The Pacific Securities Research indicates that in November, the sales volume and sales area of commercial housing nationwide turned positive year-on-year, with buyers' confidence in purchasing homes recovering, showing signs of market improvement. Funding availability in Real Estate has improved, as December is generally a time for developers.
RADIANCE HLDGS (09993.HK) has appointed Wu Yankun as Executive Director.
On December 18, Gelonghui reported that RADIANCE HLDGS (09993.HK) announced that Mr. Huang Junquan has resigned as Executive Director due to a reassignment of responsibilities. After his resignation, Mr. Huang will remain an employee of the group, serving as the General Manager of a subsidiary in Fujian, where he is primarily responsible for the company's Operation and Business management. The Board of Directors is pleased to announce that Ms. Wu Yankun has been appointed as the company's Executive Director, effective from December 18, 2024.
Hong Kong stocks are moving abnormally | Mainland real estate stocks are rising in intraday trading, with new policies on first-tier real estate landing intensively. Industry data is expected to continue to improve.
Mainland real estate shares surged during the trading session. As of the time of writing, r&f properties (02777) rose by 5.2% to HKD 1.82; sunac (01918) rose by 3.38% to HKD 2.45; radiance hldgs (09993) rose by 3.26% to HKD 3.48.
Hong Kong stock market review: Hang Seng Index fell by 0.53%, Hang Seng Tech Index fell by 1.24%, mainland real estate stocks showed a noticeable decline.
Most of the large technology stocks fell, with Kuaishou dropping 11.7% after earnings, marking the weakest performance.
Mainland real estate stocks all fell, radiance hldgs (09993) dropped by 11.05%. Fitch Bo Wah expects significant pressure on short-term housing price adjustments.
Kingdox Financial News | Mainland real estate stocks fell across the board, Radiance Hldgs (09993) down 11.05%, Sunac (01918) down 8.43%, R&F Properties (02777) down 7.85%, Shimao Group (00813) down 5.08%, Sino-Ocean Gp (03377) down 4.62%, Cifi Hold Gp (00884) down 4.55%. On the news front, Fitch Bowa stated in the report that the outlook for China's real estate development industry in 2025 is "low prosperity stability", expecting the continued downward trend in short-term second-hand house prices, with significant pressure on new house price adjustments, believing that
Market Update | Most mainland real estate stocks rose, radiance hldgs surged by 27%, first-tier cities announced the cancellation of the non-standard residential classification.
Mainland real estate stocks mostly rose, as of the time of publication, Radiance Holdings rose 27%, R&F Properties rose 5.29%, Sunac rose 2.97%, and Greentown China rose 2.25%.
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