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China Jinmao (00817) achieved a cumulative contracted sales amount of 31.24 billion yuan in the first five months.
China Jinmao (00817) announced that in May 2024, the group obtained a contracted sales amount of RMB 7.22 billion and a contracted sales area of about 360,100 square meters.
Express News | China Jinmao Holdings Group Ltd - Contracted Sales RMB7,220 Mln for May
HTSC: China's mortgage rates may still have room to fall and remain bullish on the valuation repair of the real estate sector.
HTSC remains bullish on the real estate sector's valuation recovery, focusing on robust real estate developers with more resources in core cities and improved product capabilities, as well as property management companies with resilient performance, stable cash flow, and generous dividends.
China Property Firms Could Revamp Business Models Amid Consolidation -- Market Talk
China's property companies could transform their business models amid accelerating industry consolidation, Citi analysts say in a research note.
The Ministry of Housing and Urban-Rural Development announced that 16,800 old urban communities across the country have been renovated and reconstructed from January to April.
In 2024, the country plans to start the renovation of 54,000 old urban communities.
China Jinmao Sets EGM for Key Agreement Approvals
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