Jinwu Financial News | Hong Kong-listed property stocks rose across the board, with SEAZEN (01030) up 4.07%, RONSHINECHINA (03301) up 3.41%, CHINA OVERSEAS (00688) up 1.52%, SUNAC (01918) up 1.43%, SHIMAO GROUP (00813) up 1.37%, RADIANCE HLDGS (09993) up 1.32%, COUNTRY GARDEN (02007) up 1.32%, and R&F PROPERTIES (02777) up 1.10%.
CITIC HAITONG SEC stated that the Real Estate industry showed a relatively stable trend in May, continuing the previous trend. Combined with the State Council's commitment to further stabilize the Real Estate market, the overall situation meets market expectations. Core Indicators showed a continued trend with narrow fluctuations. Coupled with the State Council's stance, the institution believes that promoting stabilization remains the main theme.
China Securities suggests that the main goal of the current Real Estate market at a low level of prosperity is to stabilize the downturn. Urban renewal, land acquisition, and the construction of "good houses" are currently the key tasks and focuses of the Real Estate industry, and the impact on existing homes may not be negative. The scarcity of quality new housing projects has been validated in terms of sales speed and selling premiums, recommending continuous land acquisition by improving property enterprises in key areas of first-tier and strong second-tier cities.
BOCOM INTL stated that in May, industry support policies continued to be issued. Various departments of the State Council are promoting urban and rural construction, stabilizing the Real Estate market, and urban renewal through cooperation and meetings to enhance urban infrastructure efficiency, optimize financial and real economic risk resolution, and strengthen market confidence to promote stable economic development. Along with the bullish policy expectations, the market will continue to recover. The institution expects that as home purchase thresholds lower and mortgage capacity improves, demand in the secondary market will continue to improve, while the primary Real Estate market will remain basically stable. The institution believes that state-owned enterprise projects will still perform better in sales in the second half of 2025 compared to other projects. With the improvement of capital market sentiment, it may accelerate the debt restructuring process of leading private enterprises.
