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The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
CITIC SEC: The policy framework will continue in 2025, and policy support will help Real Estate stop declining and stabilize.
In the medium to long term, China's real estate market has a broad base of genuine demand, and the supply-side reform has basically been completed, providing a promising development prospect for high-quality Real Estate Development companies.
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;
In "The Big Action", China International Capital Corporation suggests that investment opportunities in domestic real estate should comprehensively consider land reserve quality, the stability of short-term Operating trends, and valuation levels.
CICC released a research report indicating that the Central Economic Work Conference reiterated the need to stabilize the real estate and stock markets, proposing to continuously push for the stabilization of the real estate market, enhance the implementation of urban village and old housing renovation, fully release the rigid and improvement housing demand potential, reasonably control the supply of new real estate land, revitalize existing land and commercial properties, and advance the disposal of existing Commodity housing work. Looking ahead, CICC expects that the long-term goal of the authorities is to promote the establishment of a new model for real estate development and orderly build relevant foundational systems. Currently, the market is still in a 'pulse response' state following the issuance of policies, and the measures proposed at the conference are expected to moderately boost demand in the real estate market.
Express News | Mainland Real Estate stocks in Hong Kong collectively fell.
Hong Kong Stock Movement | Most Hong Kong Property Stocks are down. Morgan Stanley expects Hong Kong property prices to fall another 5% in the first half of next year, generally lowering the Target Price for real estate and House Rental Companies.
Most Hong Kong Property Stocks are down. As of the time of writing, WHARF REIC (01997) has fallen by 4.5% to HKD 20.15; HYSAN DEV (00014) has decreased by 3.49% to HKD 12.16; HANG LUNG PPT (00101) is down by 2.89% to HKD 6.39.
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