PDH(SH:600048) Shen Zhen Shang Bao·2025-08-03 17:35Group 1 - The sales revenue of the top 100 real estate companies in the first seven months decreased by 13.3% year-on-year, with a slight increase in the decline compared to the first half of the year [2] - Poly Developments ranked first with sales of 163.2 billion, followed by Greentown China at 136.8 billion and China Overseas Property at 131.95 billion [2] - In July alone, the sales revenue of the top 100 real estate companies fell by 18.2% year-on-year, with companies like Jianfa, China Jinmao, and Binhai Group showing strong sales performance [2] Group 2 - The average sales revenue for the top 10 real estate companies was 101.03 billion, down 13.6% from the previous year, while the second tier (11-30) averaged 25.63 billion, down 15.2% [2] - The number of companies in various sales tiers changed, with the 1000 billion and above tier decreasing by one to five companies, while the 500-1000 billion tier remained stable at six companies [3] - As of July 30, about 62 listed real estate companies had released mid-year profit forecasts, with 11 expecting losses, 28 continuing losses, and 17 anticipating profit increases or turnaround [3] Group 3 - The Central Political Bureau meeting on July 30 emphasized the need for sustained macro policies and indicated that more policy support is expected to stabilize the real estate market [3] - The market performance in July showed weak transaction activity in key cities, with the second-hand housing market continuing a "price-for-volume" strategy [3] - The real estate market is still in a phase of fluctuation and adjustment, with a structural opportunity for "good cities + good houses" expected to persist [3]