Seashell-W (02423) rose more than 5% in the afternoon. As of press release, it was up 5.11% to HK$50.35, with a turnover of HK$108 million.
The Zhitong Finance App learned that Seashell-W (02423) rose more than 5% in the afternoon. As of press release, it had risen 5.11% to HK$50.35, with a turnover of HK$108 million.
Great Wall Securities pointed out that at present, overall sales of commercial housing in China are weak and inventory is high, and the second-hand housing situation is slightly superior to that of new housing; the government will continue to introduce relevant policies until developers' inventories are fully consumed. Currently, the preferences of buyers have clearly switched to second-hand housing, so if the problem is solved by stimulating the market, it is more likely that the second-hand housing transaction situation will improve first, then the second-hand housing price stabilizes, and finally, it will lead to a recovery in first-hand housing sales. The bank pointed out that the first indicator for recovery will be the transaction area of second-hand housing.
Dongwu Securities previously pointed out that in the short term, buyers lack confidence in the delivery and quality of new homes, and demand for home purchases is shifting to “visible and touchable” second-hand housing. As the supply and demand structure changes, the second-hand housing market is expected to take on more immediate demand and improved immediate demand. Against the backdrop of signs of a warming up in the industry, it is recommended to focus on leading Chinese housing trading and service platform companies, as well as regional leaders in real estate intermediaries; it is recommended to focus on seashells, etc.