Gronway September 21丨Real estate stocks, which led the decline yesterday, rebounded across the board. R&F Real Estate surged nearly 13%, Country Garden surged nearly 9%, Sunac China surged more than 8%, and most individual stocks such as Agile Group and China Aoyuan rose more than 5%.
During the “vacation” period for A-shares yesterday (20th), affected by the market, weak real estate stocks have recently accelerated their decline. Along with the irrational decline in stock prices, real estate stocks have experienced frequent increases in holdings recently. On August 4, Poly Real Estate released a report on the increase in shareholders' holdings. Recently, Zhengrong Real Estate, Baolong Real Estate, and Xuhui Holdings also announced an increase in the company's shares.
According to the Societe Generale Securities Research Report, investors can grasp the shareholders' holdings increase. The recovery in the scale of the net increase in holdings in the industry sector often becomes a sign of the bottom market, while individual stocks with low valuations and superior fundamentals can easily obtain an increase in shareholders' holdings.