YUEXIU PROPERTY(HK:00123) 智通财经网·2025-08-25 05:35Core Viewpoint - S&P has assigned a "BBB-" investment-grade credit rating with a stable outlook to Yuexiu Property, marking the first positive investment-grade rating for a Chinese real estate company since mid-2024, indicating a return of confidence in the Chinese real estate market [1] Group 1: Company Performance - Yuexiu Property achieved strong performance in the first half of the year, with a contract sales amount of 6.006 billion yuan in July, representing a year-on-year increase of 19.5% [1] - The cumulative contract sales for the first seven months reached approximately 67.506 billion yuan, showing a year-on-year growth of 11.7%, ranking second among the top 10 real estate companies in terms of growth rate [1] Group 2: Project Sales - The sales performance of high-quality projects launched by Yuexiu Property this year has been particularly outstanding, with the HeYue WangYun and HeYue YuMing projects in Beijing generating sales of 15.2 billion yuan, setting a local market record [2] - The Shanghai JingAn TianYue project sold out upon opening, achieving sales of 2.3 billion yuan, while the "Guangfu Series" products in Guangzhou, such as LongYue XiGuan and XiYue JiangWan, have also been selling well [2] Group 3: Market Outlook - Premier Li Qiang emphasized the need for "strong measures" to stabilize the real estate market during a State Council meeting, suggesting a supportive policy environment for the industry [2] - Analysts from various brokerage firms, including Credit Lyonnais and GF Securities, maintain a "buy" rating on Yuexiu Property, with Credit Lyonnais raising its target price to 5.1 HKD [2]