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R&F Properties (02777.HK): Total sales revenue for the first five months reached 4.45 billion yuan.
On June 14th, GeLongHui reported that R&F Properties (02777.HK) announced that the total sales revenue in May 2024 was approximately RMB 970 million, with a sales area of approximately 67,800 square meters. As of the end of May 2024, the total sales revenue was approximately RMB 4.45 billion, with a sales area of approximately 313,100 square meters.
Express News | Guangzhou R&F Properties - Total Contracted Sales for May RMB970 Mln
China's SOEs Buying Excess Property a Major Step Forward in Rescue Plan
China's state-owned enterprises buying excess housing from the market could be a big leap forward in rescuing the country's property sector as it opens the door for direct public financing, ANZ Resear
Hong Kong stocks fluctuate, mainland real estate stocks fall collectively, Shimao Group (00813) falls more than 5%. The decline in real estate transactions in the two days before the Dragon Boat Festival holiday has expanded.
Mainland real estate stocks have generally fallen. As of press time, Shimao Group (00813) fell 5.62%, to HK$0.84; Seazen (01030) fell 4.11%, to HK$1.4; Sunac China (01918) fell 2.33%, to HK$1.26.
Broker Revenue Forecasts For Guangzhou R&F Properties Co., Ltd. (HKG:2777) Are Surging Higher
Guangzhou R&F Properties Co., Ltd. (HKG:2777) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The analysts have sharply increa
Hong Kong stocks fluctuate | Mainland real estate stocks continue to decline, with a year-on-year drop of about 30% in new housing sales volume in May. Sector market conditions await a real recovery in the housing market.
According to the Zhutong Finance APP, mainland real estate stocks continue to fall, as of press time, Sunac (01918) fell 8.84%, to HKD 1.34; Zhongliang Holdings (02772) fell 8.29%, to HKD 0.166; Shimao Group (00813) fell 5.15%, to HKD 0.92; Sino-Ocean GP (03377) fell 4.21%, to HKD 0.455; R&F Properties (02777) fell 2.08%, to HKD 0.94. In terms of news, according to monitoring data from Zhuge Data Research Center, the sales of newly built commodity residences in 30 key monitored cities in May 2024.
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