Core Viewpoint - The Chinese real estate stocks are experiencing a decline despite the overall market conditions, with major companies like China Overseas Grand Oceans Group, Yantai Group, and others showing significant drops in their stock prices [1] Company Performance - China Overseas Grand Oceans Group (00081) fell by 3.21% to HKD 2.41 - Yantai Group (03377) decreased by 3.13% to HKD 0.155 - Ronshine China (03301) dropped by 2.84% to HKD 0.205 - Sunac China (01918) declined by 1.76% to HKD 1.67 [1] Industry Data - According to the China Index Academy, the total sales of the top 100 real estate companies from January to September reached CNY 26,065.9 billion, representing a year-on-year decrease of 12.2%, although the decline has narrowed by 1.1 percentage points compared to January to August [1] - In September alone, the sales of the top 100 real estate companies increased by 11.9% month-on-month [1] Market Outlook - The core cities are continuing to optimize demand-side policies, but the overall market performance remains relatively weak outside these areas, indicating ongoing adjustment pressures [1] - The short-term outlook suggests that policies will maintain a loose tone, focusing on stabilizing the market and accelerating the implementation of existing policies [1] - New housing supply in core cities may see mild improvement, providing some support to the market, but the availability of new projects in other cities remains limited, leading to continued market differentiation [1]
港股异动 | 内房股逆市走低 前九月百强房企销售额同比降12.2% 市场分化行情或将延续