CHINA O/SEAS LAND News

The latest statement from the Central Financial Office: This year's GDP in China is expected to grow by around 5%; the new wording of policies has significant implications, and specific plans will be showcased at the national two sessions.

Today (14th), at the 2024-2025 China Economic Annual Conference held at the China International Economic Exchange Center, Han Wenxiu, Deputy Director of the Office of the Central Financial and Economic Committee responsible for daily operations and Director of the Office of the Central Rural Work Leading Group, stated that China's GDP is expected to grow by about 5% this year.

Securities TimesDec 14 11:50

Express News | Vice Director of the Central Financial Office Han Wenxiu: The Real Estate market has shown positive changes.

BreakingsDec 14 10:50

Express News | The National Financial Supervision and Administration Commission: make good use of the urban Real Estate financing coordination mechanism, promote the expansion and efficiency of "white list" projects.

BreakingsDec 13 21:01

Express News | The State-owned Assets Supervision and Administration Commission: Promote the deepening of Industry Chain Global Strategy cooperation among central enterprises, lead the repayment of debts owed to private enterprises, and make every effort to stabilize em

BreakingsDec 13 21:01

Daily summary of Real Estate Industry dynamics (2024-12-13)

Mini Program: Daily summary of Real Estate Industry dynamics 1. Central Economic Work Conference: Continuing efforts to stabilize the Real Estate market According to CCTV news broadcast, the Central Economic Work Conference was held in Peking from December 11 to 12. The conference proposed effectively preventing and resolving risks in key areas, firmly maintaining the bottom line of not experiencing systemic risks, continuously working to stabilize the Real Estate market, enhancing the implementation of urban village and dilapidated housing renovation, promoting the establishment of a new model for Real Estate development, and prudently managing risks in local small and medium Financial Institutions. (The Paper) 2. "100% usable area"; Beginning January 1, Hunan Hengyang will sell commercial housing by unit.

Golden10 DataDec 13 15:57

CITIC SEC: The policy framework will continue in 2025, and policy support will help Real Estate stop declining and stabilize.

In the medium to long term, China's real estate market has a broad base of genuine demand, and the supply-side reform has basically been completed, providing a promising development prospect for high-quality Real Estate Development companies.

Zhitong FinanceDec 13 14:07

In "The Big Action", China International Capital Corporation suggests that investment opportunities in domestic real estate should comprehensively consider land reserve quality, the stability of short-term Operating trends, and valuation levels.

CICC released a research report indicating that the Central Economic Work Conference reiterated the need to stabilize the real estate and stock markets, proposing to continuously push for the stabilization of the real estate market, enhance the implementation of urban village and old housing renovation, fully release the rigid and improvement housing demand potential, reasonably control the supply of new real estate land, revitalize existing land and commercial properties, and advance the disposal of existing Commodity housing work. Looking ahead, CICC expects that the long-term goal of the authorities is to promote the establishment of a new model for real estate development and orderly build relevant foundational systems. Currently, the market is still in a 'pulse response' state following the issuance of policies, and the measures proposed at the conference are expected to moderately boost demand in the real estate market.

AASTOCKSDec 13 11:46

Hong Kong Stock Movement | Most Hong Kong Property Stocks are down. Morgan Stanley expects Hong Kong property prices to fall another 5% in the first half of next year, generally lowering the Target Price for real estate and House Rental Companies.

Most Hong Kong Property Stocks are down. As of the time of writing, WHARF REIC (01997) has fallen by 4.5% to HKD 20.15; HYSAN DEV (00014) has decreased by 3.49% to HKD 12.16; HANG LUNG PPT (00101) is down by 2.89% to HKD 6.39.

Zhitong FinanceDec 13 10:26 · Ratings

"The Big Deal" by Morgan Stanley: The mainland property market will reach the bottom next year, but developers are still facing difficult challenges.

Morgan Stanley published a research report indicating that in the first ten months, the national Real Estate sales volume fell by 15.8% year-on-year, while sales revenue decreased by 20.9%. It is believed that the decline in the fourth quarter will significantly narrow to a year-on-year decrease of 3.5% and 3%. Looking ahead, the mainland property market is expected to hit bottom next year, and the Real Estate Industry may still face challenges. However, with support from fiscal policy, the performance of first-tier cities may be stronger, leading to a milder overall decline nationwide. The bank forecasts that next year, the national sales volume of new properties may decrease by 11%, while sales revenue may drop by 12%. Meanwhile, the sales volume of second-hand properties is expected to rebound by 8% to 10%. Looking ahead, Morgan Stanley believes that the Central Political Bureau has unprecedentedly changed the stability of Real Estate.

AASTOCKSDec 13 09:45

Express News | Many regions are providing support for housing consumption in the form of home purchase subsidies.

BreakingsDec 13 07:24

The Central Economic Work Conference was held in Peking, and **** delivered an important speech.

The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.

Xinhua News AgencyDec 12 22:02

Express News | Central Economic Work Conference: Continuing efforts to stabilize the real estate market and halt the decline.

BreakingsDec 12 20:27

After 14 years, returning to "moderately loose" monetary policy invigorates Assets in China! How to layout next?

On December 9, the Political Bureau of the Central Committee of the Communist Party of China held a meeting. The meeting emphasized the importance of economic work for next year and clearly proposed to 'stabilize the real estate and stock markets', 'implement a more proactive fiscal policy and moderately accommodative monetary policy', 'strengthen extraordinary counter-cyclical adjustments', and 'effectively combine policies'.

Futu NewsDec 12 17:01

"Gang Lou" heavy client spends nearly 0.15 billion yuan to purchase 26 units in three developments in the Kai Tak runway area.

According to comprehensive market News, yesterday (11th), there was a major buyer purchasing three new developments in the Kai Tak runway area, including DOUBLE COAST I led by Wheelock Properties, Victoria Harbour - Double Diamond under China Overseas (00688.HK), and Kai Tak Bay led by K. WAH INT'L (00173.HK). Agency sources indicate that these units purchased by the major buyer were acquired by the same group of new Hong Kong residents, involving 26 units with a total value exceeding 0.148 billion HK dollars, likely intended for long-term rental. Wong Kwong Yau, Vice Chairman and Executive Director of Wheelock Properties, stated that one group of major buyers purchased 10 units, involving over 66.18 million HK dollars, including 5 units with a usable area of 32.

AASTOCKSDec 12 10:03

According to the China Index Academy, the average second-hand Residence price in 100 cities fell by 0.57% month-on-month in November, with Shenzhen and Chengdu's housing prices rebounding first.

The Finger Research Institute released the second-hand housing price map for the top ten cities in November 2024, showing that in November, the average price of second-hand Residences in 100 cities dropped by 0.57% month-on-month, with a decrease that was 0.03 percentage points less than the previous month. The second-hand housing market in first-tier cities showed active performance, with the average price of second-hand Residences in the top ten cities falling by 0.17%, a decline that was 0.16 percentage points less than the previous month.

AASTOCKSDec 12 09:46

Quick view of the Hong Kong market | All three major indexes fell, with the tech index dropping over 1%; tech stocks and Insurance stocks weakened, Bilibili fell more than 5%; FOSUN TOURISM resumed trading and rose by 80%.

Network Technology stocks fell broadly, JD-SW fell by 2.80%, MEITUAN-W fell by 2.79%; Digital Health stocks declined, ZA ONLINE fell by 1.85%, MediChina fell by 1.41%; Real Estate Developers' stocks also fell, SUNAC rose by 5.36%, SHK PPT fell by 2.55%;

Futu NewsDec 11 16:21

Express News | CHINA OVERSEAS: The annual interest for '23 China Overseas 04' will be paid on December 12.

BreakingsDec 11 11:31

Hong Kong stocks are moving unusually | Mainland Real Estate stocks are rising significantly. The Political Bureau meeting emphasizes to "stabilize the property market". Institutions are Bullish on a year-end rally.

Mainland Real Estate stocks have risen sharply. As of the time of writing, RONSHINECHINA (03301) is up 10%, trading at HKD 0.55; SUNAC (01918) is up 6.9%, trading at HKD 2.79; SHIMAO GROUP (00813) is up 6.4%, trading at HKD 1.33.

Zhitong FinanceDec 11 09:49

What other policies are needed to "stabilize the real estate market"? Frontline: Early repayment of loans has decreased somewhat but remains high. Industry insiders: Further interest rate cuts are still needed.

Against the backdrop of adjustments in the interest rates for existing home loans, some analyses suggest that the scale of early repayments has slowed down.

Zhitong FinanceDec 11 06:26

China overseas (00688): "23 China Overseas 04" will pay interest on December 12.

China Overseas Development (00688) announced that China Ocean Enterprise Development Group Co., Ltd. will focus on professional investment in 2023...

Zhitong FinanceDec 10 17:05