Hong Kong stocks move | Mainland Real Estate stocks surge strongly, RADIANCE HLDGS (09993) skyrocketed over 70%, Institutions are bullish on the recovery of Real Estate.

Mainland Real Estate stocks are surging, as of the time of writing, RADIANCE HLDGS (09993) is up 72.44%, at 3.9 HKD; RONSHINECHINA (03301) is up 13.25%, at 0.265 HKD; R&F PROPERTIES (02777) is up 10.09%, at 1.2 HKD.

Zhitong Finance22:03 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 Finance20:08 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