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National Bureau of Statistics: The month-on-month decline in commercial residential sales prices in various tier cities narrowed slightly in March, and the year-on-year decline increased
In March 2024, the volume of newly built commercial housing and second-hand housing transactions in 70 large and medium-sized cities increased compared to the previous period. The decline in commercial residential sales prices in various tier cities narrowed slightly from month to month, and the year-on-year decline increased.
Agile Group Posts 1.4 Billion Yuan in March Pre-Sale Value
Agile Group Holdings (HKG:3383) recorded a pre-sale value of 1.43 billion yuan and a corresponding gross floor area (GFA) of 105,000 square meters in March, according to a Tuesday filing posted on the
The total pre-sale amount of Agile Group (03383.HK) in March was 1.43 billion yuan
On April 2, Ge Longhui Group (03383.HK) announced that the total pre-sale amount of the company and its subsidiaries, together with the Group's joint ventures and associated companies and real estate projects managed by the Group and sold under the Agile brand in March 2024, was RMB 1.43 billion, and the corresponding construction area was RMB105,000 square meters; the average price was RMB 13,682 per square meter. For the three months ended March 31, 2024, the total pre-sale amount for the Group, together with the Group's joint ventures and associated companies and the Agile project was RMB 5.36 billion, and the corresponding construction area was 37.7 billion yuan
Most domestic housing stocks were pressured, and Vanke (02202) fell 10.7%. The sales transaction amount of the top 100 housing enterprises fell 47.5% year-on-year in the first quarter
Jinwu Financial News | Domestic housing stocks were mostly pressured. Vanke (02202) fell 10.7%, Agile Group (03383) fell 7.94%, Zhongliang Holdings (02772) fell 4.59%, Yuexiu Real Estate (00123) fell 3.94%, China Jinmao (00817) fell 3.57%, and Midea Real Estate (03990) fell 3.77%. According to the news, Kerui data shows that in March, the top 100 housing enterprises achieved sales transaction amount of 358.32 billion yuan (RMB, same below), an increase of 92.8% month-on-month. However, the first quarter list from 2019 to 2024 from the top 100 real estate companies
Midland Properties: Hong Kong property market transactions surged after the withdrawal of the market, and market confidence continued to increase
Lau Ka-fai pointed out that Hong Kong property market transactions surged after the Hong Kong government withdrew. Coupled with the Federal Reserve keeping interest rates unchanged and expecting to cut interest rates this year, market confidence continued to increase, and the confidence index continued to rise for 3 weeks.
Agile Group Holdings Narrows Net Loss in 2023
Agile Group Holdings (HKG:3383) narrowed its net loss attributable to members to 12.78 billion yuan in 2023 from a loss of 13.37 billion yuan in 2022, according to a filing made with the Hong Kong bou
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