In the second round of sales yesterday, "The Port Tower" in Tai Po sold 107 units, accounting for over 90% of the available units for that day.
The Vanke Hong Kong's Tai Po project "Shangran" conducted its second round of sales on Wednesday (19th), involving 118 units. As of 10 PM on Wednesday, approximately 107 units had been purchased by buyers, accounting for over 90% of the total available units in this round. Additionally, Shangran received about 7,868 bids during this sale, with an oversubscription of approximately 65 times.
Wanke (02202.HK) founder Wang Shi is appointed as the spokesperson for YAN PALACE (01497.HK).
YAN PALACE (01497.HK) announces that Wang Shi, the founder of Vanke (02202.HK), will serve as the brand ambassador and launch instant bird's nest products for men, with a price of over 500 yuan per bowl on the official website.
The Hong Kong Property Agency: The next round of sales for "Shang Yan" in Tai Po is expected to have 118 units available for quick sale.
The new Residence project "Shangran" located on Ma Wo Road in Tai Po under Vanke Hong Kong is launching its second round of sales today (19th), involving 118 units. The Chief Executive of the Residential Department of Midland Realty, Mr. Bu Shaoming, stated that due to the project's oversubscription and the enthusiastic response from the first round of sales, there are many potential buyers unable to secure a unit, leading to expectations that this round of selling will likely be sold out on the same day. With ideal sales in the primary market and a slight revival in the property market, it is expected that there will be about 3,000 transactions recorded in the primary market over the entire month, which is anticipated to set a new high for the year. Mr. Bu pointed out that the project is near the Tai Po Market MTR station, hence this round of sales continues to attract both end-users and investors, with no shortage of major buyers intending to enter the market, among which there are.
UBS Group: Property owners in first-tier and key second-tier cities in mainland China have increased bargaining power, and it is expected that private enterprises will have difficulty recovering in the short term.
Lin Zhenhong, head of Real Estate research for UBS Group Investment Bank in the Asia-Pacific and Greater China regions, stated that the second-hand transaction volumes in first-tier and core second-tier cities in Mainland China have remained at a relatively high level after the Lunar New Year, with owners' bargaining power strengthening, and it is expected that housing prices will continue to stabilize. As for second-tier cities, they are still in the inventory reduction phase, and it is anticipated that they will not reach lower levels until the fourth quarter. Lin Zhenhong believes that private enterprises in Mainland China will find it difficult to recover in the short term because currently the capital threshold for land acquisition has risen, and funds need to be sourced from their own capital or through public bond issuance domestically and internationally; however, private enterprises struggle to obtain funding from the market without collateral. Regarding the upcoming performance announcements of dome
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.
CHINA VANKE: DATE OF BOARD MEETING
Express News | China Vanke Co., Ltd.: The Board of Directors meeting will be held on March 31, 2025.
The China Real Estate Association will hold a housing market situation report meeting and a corporate seminar for two consecutive days starting next Thursday.
The China Real Estate Association announced that it will hold a real estate market situation report meeting and a symposium for national first-class qualification real estate development enterprises next Thursday (27th) to next Friday (28th) in Peking, aiming to help developers understand market trends and explore new models for Real Estate Development in order to drive the market to stabilize and recover.
Express News | China Real Estate Association: A conference on the real estate market situation report for 2025 and a seminar for national Class 1 qualified real estate development enterprises will be held on March 27-28.
S&P Global Market Intelligence has listed the top ten shorted Hong Kong stocks recently.
S&P Global Market Intelligence listed the ten most shorted stocks in Hong Kong as of last Friday (March 14). The data is calculated based on the securities financing dataset from S&P Global Market Intelligence. The indicator for short selling (short ratio) is calculated as the percentage of borrowed shares to issued shares.
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.
Hong Kong stocks are reacting | Mainland Real Estate stocks are rising across the board, COUNTRY GARDEN (02007) is up over 5%. A stabilization in the Real Estate market is expected.
Mainland Real Estate stocks are rising across the board. As of the time of reporting, COUNTRY GARDEN (02007) increased by 5.77%, trading at 0.55 Hong Kong dollars; CH OVS G OCEANS (00081) rose by 3.96%, trading at 2.1 Hong Kong dollars; CIFI HOLD GP (00884) went up by 3.7%, trading at 0.28 Hong Kong dollars.
The National Bureau of Statistics states that the overall property market in mainland China remains stable and continues to move towards stopping the decline and stabilizing.
The spokesperson of the National Bureau of Statistics and Director of the Comprehensive Statistics Division for the National Economy, Fu Linghui, stated at a press conference held by the State Council Information Office that a survey of certain Real Estate Development companies and Institutions in 70 major cities showed that 70.8% of industry personnel expect new Residential prices to remain stable or rise in the next six months, an increase of 2.8 percentage points month-on-month.
According to Reuters' calculation, the year-on-year price drop of housing in 70 cities in mainland China shrank to 4.8% in February.
According to data released by the National Bureau of Statistics via Reuters, the year-on-year decline in the price index of newly built Commodity Residences in 70 large and medium-sized cities narrowed for the fourth consecutive month to 4.8% in February, with a monthly decrease of 0.1%. It is estimated that in February, 18 of the 70 large and medium-sized cities experienced a monthly increase in the price index of newly built Residences, down from 24 in January; 45 saw a decrease, compared to 42 in January; and 7 remained flat, while there were 4 in January.
A combination of policies boosts market confidence, with COUNTRY GARDEN soaring nearly 6%, leading the Mainland Real Estate sector!
① What are the main driving factors for the rebound of Real Estate stocks? ② After local policies in places like Shenzhen are strengthened, which types or regions of real estate companies will benefit first?
National Bureau of Statistics: From January to February, national Real Estate Development investment reached 1,072 billion yuan, a year-on-year decrease of 9.8%.
According to the National Bureau of Statistics announcement, from January to February, nationwide Real Estate Development investment reached 1,072 billion yuan, a year-on-year decrease of 9.8%, with the decline narrowing by 0.8 percentage points compared to the annual total from last year; among this, Residence investment was 805.6 billion yuan, down 9.2%, with the decline narrowing by 1.3 percentage points.
National Bureau of Statistics: From January to February, national Real Estate Development investment reached 1,072 billion yuan, a year-on-year decrease of 9.8%.
On March 17, the National Bureau of Statistics released the basic situation of the national Real Estate market for January and February 2025.
According to the National Bureau of Statistics of the People's Republic of China, the selling price of newly built Commodities in first-tier cities rose by 0.1% month-on-month in February, while the selling price of second-hand homes turned to decline.
Data released by the National Bureau of Statistics shows that in February, the selling prices of newly built residential Commodities in first-tier cities rose by 0.1% month-on-month, the same increase as the previous month. Among them, Peking, Shanghai, and Shenzhen increased by 0.1%, 0.2%, and 0.4% respectively, while Guangzhou decreased by 0.2%. During this period, the selling prices of second-hand Residences in first-tier cities changed from a 0.1% increase last month to a 0.1% decrease. Shenzhen increased by 0.3%, Peking remained unchanged, while Shanghai and Guangzhou decreased by 0.4% and 0.3% respectively.
Express News | The National Bureau of Statistics: The sales prices of Commodity Residences in various cities are generally stable with a slight decline month-on-month, with new Commodity Residences in first-tier cities continuing to rise month-on-month.