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Last week, the year-on-year growth rate of new home sales volume continued to decline, Mainland Real Estate stocks fell broadly, and SUNAC (01918) dropped 4.92%.
Jinwu Financial News | Mainland Real Estate stocks fell broadly, SUNAC (01918) dropped 4.92%, SEAZEN (01030) fell 3.86%, RADIANCE HLDGS (09993) decreased by 3.11%, CHINA JINMAO (00817) went down by 3.01%, YUEXIU PROPERTY (00123) declined by 2.56%, R&F PROPERTIES (02777) fell by 2.38%, GREENTOWN CHINA (03900) decreased by 2.27%, ZHONGLIANG HLDG (02772) fell by 2.04%, SINO-OCEAN GP (03377) dropped 1.96%, and C&D INTL GROUP (01908) fell by 1.91%. Zhongtai International expressed.
Brokerage morning meeting highlights: The effect of the real estate market stabilizing after the decline may gradually become apparent, and the Industry valuation may rise.
At today's Brokerage morning meeting, HTSC proposed that the enhancement of Technology attributes may elevate the valuation levels of symbols related to the gaming Industry; Soochow believes that the short-term adjustment in the Construction Machinery Sector does not change the positive trend for the entire year; Galaxy Securities stated that the effects of the real estate market stabilizing may gradually become apparent, and the Industry valuation may rise.
GREENTOWN CHINA (03900.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui announced on March 17 that GREENTOWN CHINA (03900.HK) will hold a Board of Directors meeting on March 28, 2025, to approve the annual performance announcement for the year ending December 31, 2024, for the company and its subsidiaries, and to consider the proposal for a final dividend distribution, if any.
GREENTOWN CHINA: DATE OF BOARD MEETING
Ke Rui Real Estate Research: It is expected that in the first half of the year, major cities will see more Bullish Signals in housing prices.
Kerry Real Estate Research states that thanks to a series of measures such as boosting Consumer spending and stabilizing Asset prices, the housing prices in large and medium-sized cities will welcome more Bullish Signals, and the warmth of the new housing price Index will also accelerate its transmission to the second-hand housing market.
In February, the year-on-year decline in new housing sales narrowed by 14.5 percentage points. What signals does the return of housing to "Consumer" convey?
① From the performance of housing prices in February, the number of cities with declining new and second-hand housing prices has increased, indicating that the real estate market is still in a phase of stabilization. ② The "Special Action Plan to Boost Consumption" announced on March 16 includes housing demand in the category of "Consumption Upgrade," and it is expected that supportive policies will continue to be introduced to optimize related restrictive measures.