Shell-W (02423) fell by more than 4%. As of press release, it fell 4.06% to HK$34.3, with a turnover of HK$29.4063 million.
The Zhitong Finance App learned that Shell-W (02423) fell by more than 4%. As of press release, it fell 4.06% to HK$34.3, with a turnover of HK$29.4063 million.
According to the news, changes in commercial residential sales prices in 70 large and medium-sized cities were revealed on April 16 and March 2024. In March 2024, of the 70 large and medium-sized cities included in the national statistics, new housing prices fell month-on-month in 57 cities, and in 58 cities, the year-on-year decline. Meanwhile, second-hand housing prices in 69 cities were lower than last month; only Fuzhou showed a slight increase compared to the previous month. Meanwhile, second-hand housing prices in all 70 cities were lower than in the same period last year.
Huatai Securities's latest research report indicates that overall, the popularity of new and second-hand housing transactions declined last week. Second-hand housing performance was better than that of new housing. First-tier cities have increased their support for second-hand housing transactions, and sustainability remains to be seen. Second-hand housing listings continued to be characterized by a slight decline in price and volume, and the Shell KMI index rebounded slightly from February. After the sales rush at the end of the quarter, the performance of “Silver Four” remains to be seen. Currently, the real estate market is still showing a structured market, and the wait-and-see sentiment is still strong.