No Data
greentown china (03900.HK) total contract sales amount for the first 10 months is 215 billion yuan
On November 5th, Greentown China (03900.HK) announced that in October 2024, Greentown Group's self-funded projects sold 3,655 units, with a sales area of approximately 0.52 million square meters. The sales amount for that month was approximately RMB 15.4 billion, and the average selling price was approximately RMB 29,600 per square meter. From January to October 2024, Greentown Group achieved contracted sales area of approximately 4.45 million square meters, with a contracted sales amount of approximately RMB 130.3 billion; of which the equity amount attributable to Greentown Group was approximately RMB 91.8 billion. As of October 31, 2024, there were also cumulative signed pre-sale agreements.
Express News | Bank of China has issued a notice: the new mortgage interest rate in Guangzhou must not be lower than 3%.
Daily real estate industry dynamics summary (2024-11-06)
Recently, the China Banking and Insurance Regulatory Commission and the Ministry of Housing and Urban-Rural Development jointly held a training session on expanding the scope and improving the effectiveness of policies for the "white list" projects in the urban real estate financing coordination mechanism.
Express News | Greentown "crazy" land acquisition in Beijing, Shanghai, Jiangsu, and Hangzhou exceeded 16 billion yuan.
Great Wall Rating | Morgan Stanley: The reduction of new launches and recent positive sales growth may sustainably support the mainland's fourth quarter house prices.
November 6th, Gronghui | Morgan Stanley's research report indicates that mainland China's second-hand housing prices rose slightly month-on-month in October, mainly benefiting from policy relaxation and seasonal factors. It is believed that the reduction of new listings and recent positive sales growth may continue to support fourth-quarter property prices, but attention should be paid to sustainability as policy impacts ease. The firm points out that as investor confidence rebounds and industry valuations rebound to historical average levels, the key to maintaining good performance is the continued sales figures. It continues to recommend that investors choose both real estate and consumer beneficiaries, such as China Resources Land, China Resources Mixc, and state-owned real estate developers, including Greentown China and China Overseas.
Hong Kong stocks fluctuate | Mainland real estate stocks collectively decline. The overall improvement in real estate sales, but the differentiation has increased. The continuity of policy effects still needs to be observed.
Mainland real estate collectively fell, as of the time of publication, sino-ocean gp (03377) fell by 7.25%, closing at HK$0.32; sunac (01918) fell by 5.36%, closing at HK$3; ronshinechina (03301) fell by 4.76%, closing at HK$0.6; r&f properties (02777) fell by 3.57%, closing at HK$1.62.
No Data
No Data