03301 RONSHINECHINA
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RONSHINECHINA News
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
Ronshinechina (03301.HK) total contracted sales in May was 544 million yuan.
On June 6th, Gelunhui announced that the total contract sales of Ronshinechina were approximately RMB 544 million for one month until May 2024; the total contracted construction area of the group was approximately 42,387 square meters; and the average contract selling price of the group was approximately RMB 12,832 per square meter. For five months until May 31, 2024, the total contract sales of the group were approximately RMB 2.818 billion; the total contracted construction area of the group was approximately 242,613 square meters; and the average contract selling price of the group was approximately RMB 11,617 per square meter.
Express News | Ronshine China - May Total Contracted Sales RMB543.9 Mln
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.
Open Source Securities: Inventory pressure still exists in the property market, and subsequent financing progress is still worth paying attention to
According to incomplete statistics from Open Source Securities, as of May 28, 2024, 14 provinces (including Shenzhen, Shanghai, and Guangzhou) have introduced “trade-in” policies for commercial housing. Among them, Jiangsu, Shandong, and Zhejiang have implemented the most cities. In terms of urban energy levels, first-tier cities Shenzhen, Shanghai, and Guangzhou have successively implemented “trade-in” policies, and third-tier cities have implemented more “trade-in” policies.
CITIC Construction Investment Securities: China Real Estate Has Entered the “Consumer Goods Era”
To understand the current reality of real estate in China and the direction of China's real estate policy, we need to pay full attention to the fact that real estate in China has moved from one big era (era of investment goods) to another (era of consumer goods).
Open Source Securities: Real estate investment and sales data continued to be low in April, and the market is still adjusting
Open Source Securities released a research report saying that after the Politburo meeting on April 30, the central government introduced a number of loose home purchase loan policies. Various regions lifted purchase restrictions in core cities such as Hangzhou and Xi'an due to city policies. The policy side was more active than before.
SDIC Securities: The new real estate policy goes hand in hand, and the collection and storage of state-owned assets is expected to accelerate and continue to be optimistic about the performance of building materials in the good production chain
The real estate industry has ushered in major favorable policies. Purchase restrictions have been relaxed in many places, and mortgage relaxation policies have exceeded expectations. Trade-in and state-owned assets collection and storage are expected to accelerate. The sales side and financing side are taking multiple measures together to help the building materials industry recover demand and improve repayments, and priority benefits for consumer building materials in the real estate chain.
China Likely to Roll Out More Property Easing Measures, GS Says
China is likely to roll out more property easing measures, especially on the demand side, Goldman Sachs analysts say in a research note. China's new housing stimulus measures announced Friday could st
China Eases Mortgage Rules in Latest Push to Aid Property Sector
Beijing has eased mortgage rules and urged local governments to buy unsold houses in some of policy makers' boldest moves yet to revive the property sector. Financial regulators said Friday that they
CITIC Construction Investment's April Housing Enterprise Sales Financing Review: Sales Financing Continues to Decline, Intensive Relaxation of Purchase Restrictions Supports Recovery in Demand
In April, the top 100 real estate companies sold 34.1 billion yuan, down 47.0% year on year. The decline was slightly narrower by 0.2 percentage points from the previous month.
Huatai Securities: How much financial support is needed for real estate “trade-in”?
Real estate “trade-in” is expected to push the real estate supply and demand relationship towards a faster balance. After the Politburo meeting in April sets the tone, the urban scope and policy strength of real estate “trade-in” is expected to increase.
Rongxin China (03301.HK) had total contract sales of 540 million yuan in April
Gelonghui, May 6 | Rongxin China (03301.HK) announced that for the month ending April 2024, (i) the Group's total contract sales were approximately RMB 540 million; (ii) the Group's contract construction area was approximately RMB 50,958 square meters; and (iii) the Group's average contract price was approximately RMB 10,633 per square meter. For the four months ended April 30, 2024, (i) the Group's total contract sales were approximately RMB 2.27 billion; (ii) the Group's total contract construction area was approximately 200,225 square meters; and (iii) the Group's average contract sales price was approximately per square meter
After the Beijing-Tianjin property market expanded their bid, Wuhan also took action! Can the “unbundling” of purchase restrictions ignite real estate?
If you buy a new home, you can settle in; if you buy a house, you don't accept your first loan...
Guojin Securities: The bottom of real estate stocks is basically clear, and the stock prices of high-quality housing companies may take the lead in reflecting the improvement in market expectations
Guojin Securities released a research report saying that the Politburo meeting first proposed digesting the stock of real estate and optimizing incremental housing, which is expected to have a major impact on the industry. Although fundamentals are difficult to recover quickly in the short term, the stock prices of high-quality housing companies may be the first to reflect the improvement in market expectations.
Market Chatter: Hong Kong's Home Prices Log First Rise in 10 Months
Hong Kong's private home prices climbed 1.1% month-over-month in March 2024, marking their first increase in 10 months, following the relaxation of curbs on the troubled property market, Reuters repor
融信中國：2023年度報告
Rongxin China (03301.HK) resumed trading this morning
Gelonghui, April 26, 丨 Rongxin China (03301.HK) announced that trading of the company's shares will resume at 9:00 a.m. today (26/4/2024).
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