Mainland real estate stocks generally rose. As of the time of this release, shimao group (00813) gained 6.31%, reported at 1.18 HKD; ronshinechina (03301) increased by 5.68%, reported at 0.465 HKD; sunac (01918) rose by 4.03%, reported at 2.58 HKD.
According to Zhito Finance APP, mainland real estate stocks generally rose. As of the time of this release, shimao group (00813) gained 6.31%, reported at 1.18 HKD; ronshinechina (03301) increased by 5.68%, reported at 0.465 HKD; sunac (01918) rose by 4.03%, reported at 2.58 HKD; agile group (03383) increased by 3.75%, reported at 0.83 HKD; cifi hold gp (00884) rose by 3.03%, reported at 0.34 HKD.
In terms of news, data from the China Index Academy shows that from January to November, the total sales of the top 100 real estate enterprises amounted to 3851.6 billion yuan, a year-on-year decrease of 32.9%, with the decline narrowing by 1.8 percentage points from the previous month. In November alone, the sales of the top 100 real estate enterprises fell by 9.46% year-on-year and decreased by 18.62% month-on-month. Guosheng Securities stated that the overall market heat in November has eased, but there has been a rebound compared to the third quarter. The monthly sales of the top 100 fell by 17% month-on-month, but still represented a 44% increase compared to September, showing a year-on-year decline of 7%, with the decrease lower than in previous years.
Data monitored by institutions shows that the transaction volume of second-hand houses in Shenzhen remained at the "boom line" level in November, recording the highest volume in nearly 46 months, while the transaction volume of second-hand houses in shanghai (including commercial) also reached a new high in 44 months. Meanwhile, 'sunshine listings' of new houses in shanghai and Shenzhen appeared frequently. Industry insiders believe that as the policy effects continue to be released, the market is expected to further stabilize after a decline. Additionally, the market is looking forward to a significant meeting to be held this month. Citic Securities believes that under the goal of stabilizing after a decline, real estate policies are still in a critical window for intensive introduction and implementation, including urban village renovation, restrictions on land acquisition, and relaxed demand-side policies.