Core Insights - The real estate service sector increased by 1.91% on November 28, with Shijie Holdings leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Stock Performance - Shijie Holdings (002285) closed at 3.03, up 10.18% with a trading volume of 2.6988 million shares and a transaction value of 783 million yuan [1] - Nandu Property (603506) closed at 12.44, up 2.47% with a trading volume of 25,100 shares and a transaction value of 30.7785 million yuan [1] - Zhongtian Service (002188) closed at 6.27, up 2.12% with a trading volume of 71,300 shares and a transaction value of 44.0854 million yuan [1] - Ningbo Fuda (600724) closed at 5.30, up 1.73% with a trading volume of 67,100 shares and a transaction value of 35.1699 million yuan [1] - Xinda Zheng (002968) closed at 12.12, up 1.59% with a trading volume of 24,100 shares and a transaction value of 28.9438 million yuan [1] - Tefa Service (300917) closed at 42.13, up 1.54% with a trading volume of 88,100 shares and a transaction value of 370 million yuan [1] - Zhujiang Co. (600684) closed at 4.62, up 1.54% with a trading volume of 163,400 shares and a transaction value of 74.6985 million yuan [1] - Wo Chou Zhao Jia (000560) closed at 3.13, up 1.29% with a trading volume of 2.2253 million shares and a transaction value of 690 million yuan [1] - Huangting International (000056) closed at 2.39, up 1.27% with a trading volume of 301,600 shares and a transaction value of 71.2366 million yuan [1] - ST Mingcheng (600136) closed at 1.81, up 1.12% with a trading volume of 91,800 shares and a transaction value of 16.5327 million yuan [1] Capital Flow - The real estate service sector saw a net inflow of 208 million yuan from main funds, while retail funds experienced a net outflow of 128.9 million yuan and 78.5123 million yuan respectively [2]

Core Viewpoint - The A-share market has seen a decline in real estate stocks, with several companies experiencing significant drops in their share prices [1] Group 1: Company Performance - Binjiang Group and China Wuyi both fell over 5% [1] - Caixin Development dropped nearly 5% [1] - I Love My Home, Sanxiang Impression, and Hefei Urban Construction all decreased by over 3% [1] - Huaxia Happiness, Jindi Group, Te Fa Service, China National Trade, China Merchants Shekou, New Town Holdings, and Vanke A all saw declines exceeding 2% [1]

Core Insights - The real estate service sector experienced a decline of 1.19% on November 21, with Zhongtian Service leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Stock Performance - Shilianhang (002285) saw a significant increase of 9.96%, closing at 2.87, with a trading volume of 2.8435 million shares and a transaction value of 797 million [1] - Zhongtian Service (002188) dropped by 7.04%, closing at 5.94, with a trading volume of 160,100 shares and a transaction value of 97.7867 million [2] - Other notable declines included Zhujiang Co. (600684) down 4.49% and Ningbo Fuda (600724) down 4.69% [1][2] Capital Flow - The real estate service sector saw a net outflow of 22.1977 million from institutional investors and 13.9504 million from speculative funds, while retail investors had a net inflow of 36.1481 million [2] - Shilianhang had a net inflow of 132 million from institutional investors, but a net outflow of 45.2078 million from speculative funds [3] - The overall trend indicates a shift in capital dynamics within the sector, with retail investors showing resilience amidst institutional and speculative outflows [2][3]

Group 1: Investor Interaction - The company participated in the "2025 Annual Shenzhen Listed Companies Collective Reception Day" to enhance interaction with investors [2] - The event was held online via the "Investor Relations Interactive Platform" [2] - Key company representatives included General Manager Cui Ping, CFO Dai Zhiwei, and Finance Manager Liu Jie [2] Group 2: Key Investor Questions and Responses - Inquiry about new asset injections: The company will disclose any significant matters as required [3] - Confirmation of focus on property services: The company remains a leading player in property services, adhering to a strategy of "deepening the main business and parallel diversification" [3] - Impact of Guangzhou Anju Group's acquisition on business: The company has not engaged in the mentioned business in the Guangzhou area [3] - Measures to stabilize company market value: The company emphasizes high-quality development and market expansion to enhance investor returns [3]

Core Insights - The real estate service sector experienced a 2.2% increase on November 20, with "I Love My Home" leading the gains [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - "I Love My Home" (Code: 000560) closed at 3.07, up 6.23%, with a trading volume of 4.73 million shares and a transaction value of 1.472 billion yuan [1] - "World Union" (Code: 002285) closed at 2.61, up 6.10%, with a trading volume of 1.84 million shares and a transaction value of 480 million yuan [1] - "Special Service" (Code: 300917) closed at 40.28, up 4.87%, with a trading volume of 141,300 shares and a transaction value of 577 million yuan [1] - Other notable stocks include "Ningbo Fuda" (Code: 600724) at 5.33, up 0.95%, and "招商积余" (Code: 001914) at 11.48, up 0.88% [1] Capital Flow - The real estate service sector saw a net inflow of 456 million yuan from main funds, while retail funds experienced a net outflow of 212 million yuan [2] - The overall capital flow indicates a mixed sentiment among investors, with institutional investors showing interest while retail investors withdrew [2]

Group 1 - The real estate sector experienced a sudden surge on November 20, with multiple stocks, including I Love My Home (000560), hitting their daily limit up. Notable gainers included Caixin Development (000838), Shilianhang (002285), and others [1] - Recent policies aimed at stabilizing the real estate market have been introduced in various regions, such as the 12 new measures released by eight departments in Foshan on November 19, which include increasing the supply of existing land and enhancing housing provident fund loan support [1] - Analysts suggest that as the "14th Five-Year Plan" approaches, there is potential for further strengthening of policies to boost housing consumption, which could lead to a recovery in market conditions [1] Group 2 - The "14th Five-Year Plan" emphasizes the removal of unreasonable restrictions on housing consumption, indicating a clearer timeline for the exit of certain restrictive policies, which may enhance market activity and contribute to a stabilization in the housing market [2] - High-quality housing is expected to continue entering the market, with a focus on providing affordable housing for urban youth during the "14th Five-Year Plan" period [2]

Core Points - The Shanghai Composite Index rose by 0.38% today, with a trading volume of 787.03 million shares and a transaction value of 1,116.95 billion yuan, an increase of 0.29% compared to the previous trading day [1] - A total of 2,195 stocks increased in value, with 44 hitting the daily limit, while 3,089 stocks declined, including 13 hitting the lower limit [1] Industry Performance - The banking sector led the gains with a rise of 1.99%, contributing a transaction value of 277.02 billion yuan, with China Bank increasing by 5.17% [1] - The building materials sector followed closely with a 1.95% increase and a transaction value of 81.99 billion yuan, with Guotong Co. rising by 10.03% [1] - The real estate sector saw a 1.62% increase, with a transaction value of 226.68 billion yuan, and Tefa Service rising by 10.86% [1] - The non-banking financial sector increased by 0.89%, with a transaction value of 326.19 billion yuan, and Shouchuang Securities rising by 5.61% [1] - The beauty and personal care sector experienced the largest decline at -1.73%, with a transaction value of 38.66 billion yuan, and Babi Co. decreasing by 8.37% [1] - The electric power equipment sector fell by -0.95%, with a transaction value of 1,418.31 billion yuan, and Taiyong Changzheng decreasing by 9.94% [1]

Core Viewpoint - The A-share market saw significant gains with I Love My Home hitting the daily limit, while other companies like TeFa Service, ShiLian Hang, GuangDa JiaBao, ShenShen Fang A, and Vanke A also experienced notable increases. In the Hong Kong market, Sunac China rose over 9%, Country Garden increased by more than 5%, and Vanke Enterprises and Shimao Group both saw gains exceeding 3% [1]. A-Share Market - I Love My Home reached a daily limit increase [1] - TeFa Service, ShiLian Hang, GuangDa JiaBao, ShenShen Fang A, and Vanke A also surged [1] Hong Kong Market - Sunac China experienced a rise of over 9% [1] - Country Garden increased by more than 5% [1] - Vanke Enterprises and Shimao Group both rose over 3% [1]

Core Viewpoint - Shenzhen Tefa Service Co., Ltd. will participate in the 2025 Annual Online Collective Reception Day for Investors in the Shenzhen area, aiming to enhance interaction with investors [1] Group 1 - The event will be held online, allowing investors to participate through the "Panorama Roadshow" website, WeChat public account, or the Panorama Roadshow APP [1] - The scheduled time for the event is November 20, 2025, from 14:30 to 17:00 [1] - Company executives will engage with investors to address their concerns during the event [1]

Market Overview - The Shanghai Composite Index closed at 3949.83 points, with a decline of 0.56% [1] - The total trading volume of A-shares reached 1,296.161 billion yuan [1] Technical Analysis - A total of 112 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Shanshui Bide (300844) with a distance of -1.40% - Yingboer (300681) with a distance of -1.28% - Yake Technology (002409) with a distance of -1.06% [1] Individual Stock Performance - Shanshui Bide (300844) saw a decline of 6.62% with a trading turnover rate of 3.31% [1] - Yingboer (300681) decreased by 2.30% with a turnover rate of 2.45% [1] - Yake Technology (002409) fell by 0.20% with a turnover rate of 2.33% [1] - Other notable declines include: - Bohai Automobile (600960) down by 3.53% - Western Gold (601069) down by 2.80% [1] Additional Stock Movements - Stocks such as Muyu (002714) and Qinglong (002457) showed slight increases of 0.80% and -3.28% respectively [2] - The stock performance of various companies indicates a mixed sentiment in the market, with several stocks experiencing declines while a few managed to gain [2]