Property management stocks rose along with mainland real estate stocks, as of the time of publication, shimao services (00873) rose by 10.1%, to 25.6 Hong Kong dollars; Sino-Ocean Serv (02602) rose by 9.87%, to 25.6 Hong Kong dollars; sino-ocean serv (06677) rose by 7.94%, to 0.68 Hong Kong dollars; a-living (03319) rose by 6.1%, to 3.48 Hong Kong dollars; everg services (06666) rose by 5.81%, to 0.91 Hong Kong dollars.
According to the financial news app, property management stocks rose along with mainland real estate stocks, as of the time of publication, shimao services (00873) rose by 10.1%, to 25.6 Hong Kong dollars; Sino-Ocean Serv (02602) rose by 9.87%, to 25.6 Hong Kong dollars; sino-ocean serv (06677) rose by 7.94%, to 0.68 Hong Kong dollars; a-living (03319) rose by 6.1%, to 3.48 Hong Kong dollars; everg services (06666) rose by 5.81%, to 0.91 Hong Kong dollars.
On the news front, according to the Ke Rui research center monitoring, from the 1st to the 20th of October, the daily transaction volume of new houses in the key 28 cities increased by 11% compared to the daily volume in September, and the transaction volume of second-hand houses in the 16 key cities increased by 11% compared to the 1st to the 20th of September. HSBC stated that progress in debt restructuring by real estate companies is seen as a new positive catalyst, which can boost investor sentiment and enhance trade liquidity.
Guolian Securities stated that the price-to-book ratio valuations of the A-share and Hong Kong stock real estate sectors are currently at historically low levels. With the gradual manifestation of policy effects, market confidence is expected to be boosted, stabilizing sales volume. It is recommended to focus on strategically positioning in first-tier and core second-tier cities, promoting improvement-oriented products, real estate companies with continuous land acquisition capabilities, and top property management companies with scale advantages and high operational efficiency.