Annual Report 2024

HKEXApr 29 07:23 ET · Announcements

Yuexiu Property Wins 12.6 Billion Yuan Bid for Land Parcels in Beijing

MT NewswiresApr 29 02:24 ET

Brokerage morning meeting highlights: Bullish on investment opportunities in the Commercial Property Sector in 2025.

At today's brokerage morning meeting, Guotai HAITONG SEC proposed to prioritize allocation to leading brokerages with significant comprehensive advantages and stronger cross-border asset allocation capabilities; GF SEC believes that the coal price median may decline in 2025, and leading companies are expected to maintain overall stable profitability; HTSC expressed a Bullish outlook on investment opportunities in the Commercial Property Sector for 2025.

cls.cnApr 28 19:46 ET

YUEXIU PROPERTY (00123.HK) successfully won a bid for a plot of land in the Chaoyang District of Peking for 12.6 billion yuan through a consortium.

On April 28, Gelonghui announced that YUEXIU PROPERTY (00123.HK) successfully won the bidding for the urban village renovation projects at plots 2107-01, 02, 03 in the Huangshanmu Dianpingfang area of Chaoyang District, Peking, and the land reserve project at plot 2902-73 in the Sun River Group through a consortium (as defined below) via public listing for 12.6 billion yuan, effective April 28, 2025. A subsidiary, Guangzhou YUEXIU Huacheng Real Estate Development Co., Ltd. ("Guangzhou YUEXIU Huacheng"), in which the company holds a 95.475% stake, is involved, along with Beijing Fangxing Yicheng.

Gelonghui FinanceApr 28 10:54 ET

China's Property Market Is Quietly Recovering -- Market Talk

WSJApr 28 01:22 ET

Hong Kong stocks movement | Mainland Real Estate stocks collectively declined, with many stocks falling over 4%. Institutions indicate that Q2 real estate policies tend to support rather than provide strong stimulus.

Mainland Real Estate stocks fell collectively. As of the time of writing, RADIANCE HLDGS (09993) is down 7.22%, priced at 2.7 Hong Kong dollars; GREENTOWN CHINA (03900) is down 5.02%, priced at 9.84 Hong Kong dollars; R&F PROPERTIES (02777) is down 4.63%, priced at 1.03 Hong Kong dollars; RONSHINECHINA (03301) is down 4.4%, priced at 0.239 Hong Kong dollars.

Zhitong FinanceApr 27 22:26 ET

Mainland Real Estate stocks are weakening, RADIANCE HLDGS (09993) has dropped 7.56%. In the first quarter, national Real Estate Development investment decreased by 9.9% year-on-year.

Jinwu Financial News | Mainland Real Estate stocks weakened. As of the time of writing, RADIANCE HLDGS (09993) is down 7.56%, GREENTOWN CHINA (03900) is down 5.12%, YUEXIU PROPERTY (00123) is down 4.68%, R&F PROPERTIES (02777) is down 4.63%, LOGAN GROUP (03380) is down 4.55%, and SINO-OCEAN GP (03377) is down 4.40%. On the news front, recently, data from the National Bureau of Statistics shows that from January to March, nationwide Real Estate Development investment reached 1990.4 billion yuan, a year-on-year decrease of 9.9% (calculated on a comparable basis); among them, Residence investment was 1513.3 billion yuan.

Jinwu Financial NewsApr 27 22:04 ET

The Finger Research Institute: In the first quarter, the average rent for office buildings in key commercial areas of major cities across the country fell by 0.73% month-on-month.

In the first quarter of 2025, the average rental price of office buildings in major commercial areas of key cities nationwide was 4.58 yuan/square meter/day, a month-on-month decline of 0.73%, with the decrease expanding by 0.12 percentage points compared to the fourth quarter of the previous year, and a year-on-year decline of 2.1%.

Zhitong FinanceApr 24 20:08 ET

Housing Market Stalls as Homeowners Struggle to Sell

MarketWatchApr 24 10:17 ET

Citi Says 'Good Time' to Accumulate Chinese Property Stocks

The Edge MarketsApr 24 00:33 ET

[Brokerage Focus] CITIC SEC believes that the current period is a good policy window for promoting the sale of existing homes.

CITIC SEC stated that the existence of the pre-sale system was originally intended to increase supply and rapidly improve residents' living conditions, which objectively accelerated developers' turnover and helped developers to scale up. Currently, the supply and demand relationship in the Real Estate market has fundamentally changed, and the market foundation for the survival of the pre-sale system (supply not meeting demand) no longer exists. Developers pursuing fast turnover have fallen into a prisoner's dilemma— the industry overall needs to control supply, but if a single developer controls their own supply speed, other companies may achieve a higher ROE due to faster turnover. Once all companies pursue fast turnover, the subjective desire to enhance ROE.

Gold Guard Financial NewsApr 23 20:21 ET

Mainland Real Estate stocks fell broadly, RONSHINECHINA (03301) dropped by 4.24%, and Institutions indicated that the Industry is still in the bottom-testing phase.

Jinwu Financial News | Mainland Real Estate stocks declined overall, RONSHINECHINA (03301) fell by 4.24%, CHINA JINMAO (00817) fell by 4.10%, SEAZEN (01030) fell by 3.30%, GREENTOWN CHINA (03900) fell by 2.97%, C&D INTL GROUP (01908) fell by 2.70%, ZHONGLIANG HLDG (02772) fell by 2.17%, YUEXIU PROPERTY (00123) fell by 2.16%. China Postal Securities stated that the real estate Sector has shown significant excess returns compared to the Csi 300 Index recently, mainly due to strengthened expectations for incremental policies to expand domestic demand amid changes in the external environment. From a fundamental perspective

Jingwu Financial NewsApr 23 02:12 ET

Zhongzhizhi Research Institute: In the first quarter of 2025, the average rent for residences in 50 cities has decreased by a cumulative 0.44%.

The Finger Research Institute published an article stating that in the first quarter of 2025, the average rent for Residences in key cities will see a slight cumulative decline.

Zhitong FinanceApr 22 20:10 ET

The Central Finger Research Institute: In March, the average price of second-hand Residences in 100 cities decreased by 0.59% month-on-month, and the cumulative decline in the first quarter narrowed on a month-on-month basis.

In March, the second-hand housing market in key cities remained highly active, with the average price of second-hand Residences in 100 cities dropping by 0.59% month-on-month.

Zhitong FinanceApr 21 04:18 ET

In April, the LPR remained unchanged. Industry insiders expect that the policy interest rate cuts in the second quarter will lead to a reduction in the LRR, and there is room for a decrease in mortgage rates within the year.

① Considering the changes in the external economic and trade environment, as well as the trends in the domestic Real Estate market and prices, industry insiders believe that the timing for "selective reductions in reserve requirements and interest rates" in the second quarter has matured, with the possibility of it occurring as early as April. ② The industry determines that the current interest rate cut may reach 30 basis points, similar to the total reduction for the previous year. This indicates that the next substantial policy-driven interest rate cuts will lead to a decrease in the LPR Quote, which in turn will guide the reduction of loan interest rates for businesses and households.

cls.cnApr 20 21:50 ET

East Money Information Securities: In this cycle, the property market is gradually returning to its residential attribute. Attention should be paid to four main lines of logic.

If Property/A-REIT is regarded as a consumer good, its price logic will align more closely with changes in the purchasing power of different groups. Therefore, the future temperature differences in the housing market among different groups and the subjective differences between micro individuals and macro data may persist in the long term.

Zhitong FinanceApr 18 04:50 ET

Xiangcai Securities: The sales decline in the Real Estate Industry has narrowed year-on-year, and support from the policy level is still needed on the investment side.

It is recommended to focus on two directions: (1) leading real estate companies with land acquisition capabilities and reasonable land reserve layouts, such as Poly Developments and Holdings Group (600048.SH) and (2) leading intermediary Institutions benefiting from the sustained activity in second-hand Trade, such as 5i5j Holding Group (000560.SZ).

Zhitong FinanceApr 18 03:48 ET

Brokerage morning meeting highlights: Focus on sectors benefiting from domestic demand and investment opportunities in new consumer segments.

In today's Brokerage morning meeting, HTSC proposed to focus on investment opportunities in sectors benefiting from domestic demand and new Consumer sub-sectors; China Securities Co.,Ltd. stated that the decrease in Real Estate sales and new starts has significantly narrowed, showing ongoing effectiveness in stabilizing after the decline; Galaxy Securities believes that the coal and electricity regulation ability has been further strengthened, and the reconstruction of the sector's valuation is expected to accelerate.

cls.cnApr 17 20:23 ET

YUEXIU PROPERTY (00123) intends to rename the "Environmental, Social and Governance Committee" to the "Sustainability Committee."

YUEXIU PROPERTY (00123) announced that the Board of Directors has decided to rename the "Environmental, Social and Governance Committee" to "Sustainability Committee..."

Zhitong FinanceApr 17 08:30 ET

Policy benefits combined with declining financing costs led R&F PROPERTIES to rise nearly 10%, leading the Real Estate stocks.

① How does policy support specifically promote improvements in the Operation of real estate companies? ② Why are leading real estate companies more resilient during industry adjustment periods?

cls.cnApr 16 22:14 ET