Daily summary of Real Estate industry trends (2025-01-10)

On the 10th, Lin Zechang, Director General of the Comprehensive Department of the Ministry of Finance, stated at the press conference on "The Effectiveness of High-Quality Development in China’s Economy" held by the State Council Information Office that the expansion of the scope of special bond usage allows for use in two areas related to Real Estate, both of which are policies aimed at increasing effective demand. Within the newly issued quota of special bonds in 2025, local governments can arrange for land reserves and the purchase of existing Commodity housing as needed; these two policies will be gradually released in 2025.

Golden10 DataJan 10 15:54

Express News | Most of the Mainland Real Estate stocks in the Hong Kong market fell, with SUNAC down over 26%.

BreakingsJan 10 10:08

Hong Kong stocks are moving differently | Mainland Real Estate stocks plunged across the board in the morning session due to bearish concerns brought by the real estate companies. SUNAC (01918) once fell nearly 29%.

Mainland Real Estate stocks fell across the board. As of the time of writing, SUNAC (01918) is down 26.86%, trading at HKD 1.28; RONSHINECHINA (03301) is down 11.07%, trading at HKD 0.249; SHIMAO GROUP (00813) is down 8.42%, trading at HKD 0.87.

Zhitong FinanceJan 10 09:58

Daily summary of Real Estate Industry developments (2025-01-09)

The report released by the Shanghai Lianjia Research Institute on January 8 shows that since the fourth quarter of 2024, the transaction of second-hand houses in Shanghai has remained active, with the number of transactions per month exceeding 0.02 million units.

Golden10 DataJan 9 15:37

Zhongzhi Research Institute: In 2024, the Real Estate Industry will achieve a total of 565.31 billion yuan in Bonds financing, a year-on-year decrease of 18.4%.

According to the research, looking ahead to 2025, policy support is expected to drive expectations for recovery, but the Real Estate market still faces many challenges. Financing policies are expected to remain loose, but the scale of financing will still be influenced by the market recovery.

Zhitong FinanceJan 9 14:09

Hong Kong stock morning report on January 9: The State-owned Assets Supervision and Administration Commission stated that it will accelerate the establishment of a system and mechanism suitable for AI development. RONSHINECHINA's contract sales last year

① The central bank: further optimize the refinancing process and expand the scale of equipment renewal loans. ② The State-owned Assets Supervision and Administration Commission: should vigorously develop AI and accelerate the establishment of a system suitable for the development of AI. ③ The Federal Reserve meeting minutes indicate that officials tend to slow down the pace of interest rate cuts. ④ The "small non-farm" employment report in December in the USA fell short of expectations, with wage growth dropping to a three-and-a-half-year low.

cls.cnJan 9 07:06