CK ASSET(HK:01113) Mei Ri Jing Ji Xin Wen·2025-07-30 16:51Core Viewpoint - The recent promotion of four real estate projects by Cheung Kong Property in the Greater Bay Area reflects a significant increase in demand from Hong Kong buyers for properties in mainland China, driven by lower prices and better living conditions compared to Hong Kong [1][3][9]. Group 1: Project Details - Cheung Kong Property is promoting four projects: Huizhou Longbo Garden, Zhongshan Longbo Garden, Guangzhou Yicui Garden, and Dongguan Haiyi Villa, totaling 400 units with prices starting from 400,000 RMB [1][3]. - The Huizhou Longbo Garden has the largest offering with 300 units, while the Dongguan Haiyi Villa targets high-end buyers with prices ranging from 7 million to 8 million RMB [3][5]. - The price per square meter for the Huizhou Longbo Garden has decreased to approximately 8,632 RMB, significantly lower than the previous range of 10,400 to 14,000 RMB per square meter [1][9]. Group 2: Market Trends - There has been a notable increase in the number of transactions involving Hong Kong buyers, with 3,341 transactions recorded by the Guangdong branch of the People's Bank of China, generating cross-border income of 3.08 billion RMB [1][9]. - The trend of Hong Kong residents purchasing properties in mainland China is attributed to the lower prices and larger living spaces available, as well as improved transportation links within the Greater Bay Area [9][12]. - The shift in demand from investment to self-occupation among Hong Kong buyers indicates a growing preference for long-term living arrangements in the Greater Bay Area [12]. Group 3: Strategic Insights - Cheung Kong Property's strategy of "old projects sold anew" aligns with their long-term development approach, capitalizing on the rising demand from Hong Kong buyers [1][9]. - The company's ongoing projects in mainland China include 11 developments across various cities, indicating a strong commitment to the region [7]. - The introduction of policies facilitating property purchases for Hong Kong residents has further stimulated this market, with special promotional events and property tours being organized [9][12].