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
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 Aoyuan Group to Discuss Future Growth and Governance
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.
China Aoyuan Welcomes New Executive Director
China Aoyuan Group Announces Board Structure
China Aoyuan (03883.HK) appoints Zheng Shaohui as Executive Director
Gelonghui May 27丨China Aoyuan (03883.HK) announced that Zheng Shaohui has been appointed as an executive director with effect from May 27, 2024. Immediately after Zheng Shaohui's appointment comes into effect, Zheng Shaohui will also be appointed as a director of several subsidiaries of the company.
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
China's Aoyuan (03883) returns 7.69% and plans to sell Canadian M2M projects
Jinwu Financial News | China Aoyuan (03883) was pressured and temporarily reported at HK$0.24, down 7.69%, with a turnover of HK$5.587 million. The stock closed up 44% yesterday, with a cumulative increase of more than 100% over the previous three days. According to the news, China Aoyuan announced that on May 13, 2024, after signing the letter of intent, the seller Aoyuan Property Holdings (Canada) Ltd (a wholly-owned subsidiary of the company) entered into the agreement with the buyer Winnet Capital Ltd. Based on this, the seller conditionally agreed to the sale and the buyer had
[Special Offer V] Deng Shengxing: Investors are optimistic, the Hang Seng Index continues to test high positions
Jinwu Financial News | The Hang Seng Index closed at 19,115 points on Monday (13th), up 151 points or 0.8%, and traded 147.238 billion yuan throughout the day. The national index rose 0.6% to 6761; the technical index rose 1.4% to close at 4018. Alibaba (09988) is about to announce results, up 4.1% across the day; Meituan (03690) rose 3.1%, and Ali and Meituan joined forces to contribute a 91-point increase; in domestic housing stocks, Foshan encouraged support for housing “trade-in” and relaxation of the home purchase and entry policy, and second-tier domestic housing was once again promoted. Aoyuan (03883) surged 44.4%; Dow Weekly
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.
China Aoyuan (03883.HK) plans to sell Canadian M2M project
Gelonghui, May 13 | China Aoyuan (03883.HK) announced that on May 13, 2024, after signing a letter of intent, the seller Aoyuan Property Holdings (Canada) Ltd (a wholly-owned subsidiary of the company) entered into the agreement with the buyer Winnet Capital Ltd. According to this, the seller conditionally agreed to sell and the buyer conditionally agreed to buy all of the shares in the target company Ontario Aoyuan Property Limited Issuing shares at a total cost of 68
China Aoyuan (03883) issues approximately 101 million new shares
According to the Zhitong Finance App, China Aoyuan (03883) announced that under special authorization granted by the special shareholders' meeting held on January 10, 2024, approximately 101 million new shares were issued based on existing debts held by certain eligible creditors, at an issue price of HK$1.06 per share.
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.
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