According to CRIC data, 35 listed domestic homes sold RMB 177 billion in September, the second lowest year-to-date, falling 42% year-on-year (down 27% in August) and down 1% month-on-month, according to Citi's (CRIC) data. IN SEPTEMBER, PAULI DEVELOPMENT (600048.SH), CHINA OVERSEAS (00688.HK), RUNDI (01109.HK) AND VANCO (02202.HK) LED SALES, BUT THERE WERE NINE LISTED DOMESTIC PROPERTIES SUCH AS XINCHENG DEVELOPMENT (01030.HK), FUSION CHINA (01918.HK), JING TAIFU (01813.HK) AND BAOLONG PROPERTIES (01813.HK) 1238.HK), etc., hit new lows in the beginning of the year to date. Green City China (03900.HK) and Yuexiu (00123.HK) had a narrow year-on-year decline.

The Bank expects domestic housing to reach a turning point in October as China shifts its focus on quantitative easing (QE) policy, believing that more expansionary fiscal measures will be adopted in October, while policy easing is expected (such as line cities), further fiscal action and bank capital readjustment, along with expected improvement in the renminbi exchange rate and policy The government's focus on real estate and equity markets will be a positive factor in October. Home sales will rebound in October following the local policy announcement in early October, with fourth-quarter sales forecast to narrow to 15% year-on-year. It is owned by Shell (02423.HK) and Runland, which is preferred by domestic property stocks.

Citi's target price list for the domestic housing stock is as follows:

Shares | Target Price (HKD)

AJOULE (03383.HK) | 0.7 YUAN

Development International (01908.HK) | 15.8 yuan

Sunflower (00884.HK) | $0.27

China Overseas Hongyang (00081.HK) | $2

China Overseas Development (00688.HK) | 15 yuan

Country Garden (02007.HK) | 0.4 yuan

HUA RUN LAND (01109.HK) | $32.7

Green City China (03900.HK) | $8

WEALTH REAL ESTATE (02777.HK) | 0.6 YUAN

China Jinmao (00817.HK) | 0.8 yuan

Hatching Taifu (01813.HK) | $0.36

Longhu Group (00960.HK) | 12.4 yuan

AMERICAN REAL ESTATE (03990.HK) | 3.7 YUAN

Baolong Properties (01238.HK) | $0.89

New Town Development (01030.HK) | $1.8

Shenzhen Holdings (00604.HK) | $1.15

China Fusion (01918.HK) | 1.5 yuan

Vancco Enterprises (02202.HK) | 4.9 yuan

Yuexiu Real Estate (00123.HK) | 5.5 yuan

Real Estate Trading Platform

Shell - Master (02423.HK) | 62 yuan

Container Stocks

Green City Management Holdings (09979.HK) | 4.5 yuan