Daiwa: Mainland China property developers’ May sales showed further improvement, with tier-one cities exhibiting signs of recovery; China Resources Land (01109.HK) and China Overseas Land & Investment (00688.HK) are top picks.

Daiwa published a research report noting that CRIC has released its forecast for the contracted sales data of China’s top 100 property developers for May 2026 and the first five months of the year. The data shows that mainland Chinese developers maintained a steady sales momentum in May, with year-over-year declines of 10% in contracted sales area and 2% in contracted sales value—narrowing from the respective declines of 15% and 12% recorded in April. On a month-over-month basis, contracted sales area and value rose by 9% and 15% respectively in May, compared to increases of just 3% and 3% in the same period last year, indicating that the improvement is driven not only by seasonal factors but also by a genuine recovery in underlying demand. Furthermore, the average selling price in May...

AASTOCKSJun 2 12:12

CRIC Real Estate: The top 100 real estate enterprises spent RMB 270.75 billion on land acquisitions from January to May; central SOEs and state-owned enterprises remain the dominant market players.

From January to May 2026, land acquisition volumes among a representative sample of 100 enterprises continued to decline year-on-year. Central state-owned enterprises (SOEs) and local SOEs remained the dominant force in the land market, with the top ten enterprises by land acquisition value accounting for more than 50% of the total among the 100 sampled companies.

Zhitong FinanceJun 1 18:13

Leakage reported at Hangzhou Dinghao project; Binjiang Group responds: caused by blockage of debris in the common area eaves gutter

Gelonghui, May 28 | According to Jiemian News, recently, during heavy rain in Hangzhou, water leaked at the junction between the outdoor gatehouse and the interior sliding door of the Wang Tian Ji luxury residential sales office. In response, a representative from Binjiang Group told Jiemian News that the incident occurred because debris blocked the public area’s eaves gutter, causing poor drainage and overflow during the sudden downpour. The issue was fully cleared by that evening, and the sales office reopened normally the following day. The Binjiang Group representative added that the company immediately conducted a comprehensive inspection of all its projects currently on sale and under construction to eliminate potential risks posed by extreme weather or unexpected incidents in the future. Regarding the Wang Tian Ji project specifically, the company has required strict adherence to

Gelonghui FinanceMay 28 23:33

Express News | Binjiang Group and Greentown Group have established a real estate development company with a registered capital of RMB 4 billion.

BreakingsMay 27 11:07

Binjiang Group (002244.SZ): The company is currently not involved in any urban renewal projects in Hangzhou.

Gelonghui, May 22 — Binjiang Group (002244.SZ) stated on an investor interaction platform that the company is currently not involved in any urban renewal projects in Hangzhou.

Gelonghui FinanceMay 22 16:05

Hangzhou Binjiang Real Estate Group has been issued a warning letter due to non-compliance and inaccuracies in information disclosure.

BlueWhale News, May 18th, by reporter [Name]. Recently, the Zhejiang Securities Regulatory Bureau issued an administrative regulatory decision, targeting Hangzhou Binjiang Real Estate Group Co., Ltd. and Shen Weidong. The decision document revealed that on February 2nd, 2026, Hangzhou Binjiang Real Estate Group Co., Ltd., while responding to a question on the Shenzhen Stock Exchange's Interactive Easy platform regarding 'the status of the company and some subsidiaries becoming subject to enforcement actions,' disclosed related information in an irregular and inaccurate manner. The aforementioned behavior violated the provisions of the 'Administrative Measures for Information Disclosure of Listed Companies.' Shen Weidong, the Secretary of the Board of Directors of the company, bears primary responsibility for the said behavior. In response, the Zhejiang Securities Regulatory Bureau decided to take regulatory measures against Hangzhou Binjiang Real Estate Group Co., Ltd.

lanjinger.comMay 18 21:12