Mainland real estate stocks generally rise, with zhongliang hldg (02772) up 3.18% at HK$0.162; China res land (01109) up 3.17% at HK$26.05; sunac (01918) up 3.11% at HK$2.329.
According to the Wisdom Finance APP, mainland real estate stocks generally rose, with zhongliang hldg (02772) up 3.18% at HK$0.162; China res land (01109) up 3.17% at HK$26.05; sunac (01918) up 3.11% at HK$2.329; China Vanke (02202) up 2.92% at HK$7.05.
On the news front, with the concentrated implementation of various policies before the holiday, during the National Day "Golden Week", the average number of visits and subscriptions to core city properties significantly increased compared to before the holiday. Data from the China Index Research Institute shows that the average subscription volume of new housing projects surveyed in most cities during the National Day holiday exceeded that of September. In first-tier cities, the average subscription volume of monitored projects in Guangzhou and Shenzhen during the holiday reached double the level of September, while Beijing and Shanghai exceeded the full-month subscription volume of September. According to Ke Ruier, the subscription area in 22 key cities during the National Day increased by 12% compared to the previous period and by 26% year-on-year.
Furthermore, as the market gradually stabilizes, many real estate companies have issued notices or posters announcing price increases or full withdrawal of discounts. Midea Real Est announced that starting from October 8th, all properties for sale nationwide will fully recover a 2% home purchase discount. China Res Land Beijing also announced that from October 8th, all properties for sale in Beijing will be increased by 2% on the existing price; Zhongjian Yipin also issued posters to recover a 2% discount starting from October 8th for its Floral One, Yihe Mansion, Yujing Xingcheng, Yujing Xingcheng Yuanqi, and Daxing Xingguangcheng properties.