自9月5日深圳推出楼市新政之后，至今已经"满月"，市场热度有所上升。有市场人士表示，深圳能够出 台更多的增量政策，持续给市场带来提振作用。 记者在罗湖区多家二手房中介门店采访时，多位房产中介经理表示，对于需求相对明确的客户，决策速 度和信心都有明显提升，与此同时，目前深圳二手房市场还是"以价换量"，价格变化不大。 记者从市住房建设局获悉，9月6日至10月6日深圳全市新建商品住宅网签数量2824套，同比增长 23.48%；二手住宅网签数量3699套，同比增长32.63%。 另据深圳市房地产中介协会统计，9月深圳二手房录得量(录得量系指深房中协以二手房买卖合同发起时 间为口径统计的数据，并非最终成交套数)5808套，环比增长10.3%，同比增长52.4%。至此，二手房录 得量已连续7个月超行业"荣枯线"。 深圳市房地产中介协会认为，得益于9月新政的精准发力和有效引导，深圳楼市预期得到改善、市场需 求得到有效激活。随着政策效应的持续释放以及四季度传统销售旺季的推动，预计2025年四季度深圳楼 市的成交量将继续保持较高水平，"银十"行情可期。此外，深圳的楼市新政对核心区和非核心区实行差 异化调控，对非核心区取消新购套 ...

今年国庆中秋假期，全国楼市整体延续调整态势，重点14城新房日均成交量同比下降近三成。 《中国经营报》记者了解到，假期期间，北京、上海、深圳等核心城市在前期政策优化带动下热度不 减，但多数二、三线城市表现平淡，市场分化趋势进一步加剧，凸显当前房地产市场的结构性特征。 核心城市热度持续 据了解，北京市今年将刺激政策提前，于8月8日宣布放宽五环外购房限制条件，将公积金贷款额度提 升，二套房首付比例统一降至30%等，鼓励改善性居住需求释放。此前，五环外已是北京新房市场的成 交主力区域，伴随着政策落地，五环外新房市场表现率先活跃。9月份，北京新建商品住宅成交46万平 方米，环比增长21%，同比增长22%；二手房成交1.6万套，环比增长19%，同比增长19%。 上海市也于今年8月25日发布楼市新政，包括对外环外符合条件将不限购房套数、成年单身人士视同家 庭、房贷利率层面不再区分首套和二套房、提高绿色建筑公积金贷款额度、公积金落实"又提又贷"、优 化房产税征收等方面。 根据中指研究院数据，9月份，上海新建商品住宅成交97万平方米，环比增长23%，同比增长16%；二 手商品房成交2万套，环比增长5%，同比增长29%。 国庆假 ...

10月1日，中指研究院发布的数据显示，9月，全国100个城市（以下简称百城）新建住宅均价为16926 元/平方米，环比微涨0.09%，同比上涨2.68%；二手住宅均价为13381元/平方米，环比下跌0.74%，同比 下跌7.38%。 《每日经济新闻》记者了解到，截至今年9月，百城二手房价格已连续41个月环比下跌；三季度，百城 二手房价格累计下跌2.26%，跌幅较二季度扩大0.14个百分点；前三季度，百城二手房价格累计下跌 5.79%。 具体来看，9月，上海（+0.82%）、杭州（+0.51%）、广州（+0.32%）等城市新房价格环比涨幅位居前 列；盐城（-1.87%）、徐州（-1.44%）、南通（-1.30%）等城市二手房价格环比跌幅靠前。 "房企今年上半年在核心城市竞得的部分地块，预计将在四季度逐步入市，（这部分）新增供应有望对 核心城市新房销售形成一定支撑，'好城市+好房子'仍具市场机会；二手房市场受挂牌量维持高位影 响，短期或将延续'以价换量'行情。"10月1日，中指研究院指数研究部总经理曹晶晶在接受《每日经济 新闻》记者微信采访时如是表示。 房企推盘潮起拉动新房价格上涨 今年的楼市"金九"，房价表现如 ...

今年的楼市"金九"，房价表现如何？ 10月1日，中指研究院发布的数据显示，9月，全国100个城市（以下简称百城）新建住宅均价为16926 元/平方米，环比微涨0.09%，同比上涨2.68%；二手住宅均价为13381元/平方米，环比下跌0.74%，同比 下跌7.38%。 《每日经济新闻》记者了解到，截至今年9月，百城二手房价格已连续41个月环比下跌；三季度，百城 二手房价格累计下跌2.26%，跌幅较二季度扩大0.14个百分点；前三季度，百城二手房价格累计下跌 5.79%。 具体来看，9月，上海（+0.82%）、杭州（+0.51%）、广州（+0.32%）等城市新房价格环比涨幅位居前 列；盐城（-1.87%）、徐州（-1.44%）、南通（-1.30%）等城市二手房价格环比跌幅靠前。 "房企今年上半年在核心城市竞得的部分地块，预计将在四季度逐步入市，（这部分）新增供应有望对 核心城市新房销售形成一定支撑，'好城市+好房子'仍具市场机会；二手房市场受挂牌量维持高位影 响，短期或将延续'以价换量'行情。"10月1日，中指研究院指数研究部总经理曹晶晶在接受《每日经济 新闻》记者微信采访时如是表示。 房企推盘潮起拉动新房价格 ...

9月初 深圳楼市新政落地 引起大家关注 新政落地后首月 深圳楼市情况如何？ "十一有活动，现在折扣落地刚好契合预算，客户复访时就果断敲定了房源！"10月8日，国庆黄金周收 官之日，深圳中介小何特意在朋友圈晒出两组客户的成交记录，配文里还感慨道：随着返深人潮陆续返 程，今天门店的成交单量比假期中后段明显多了不少。 这个国庆假期，恰逢"9.5楼市新政"满月，政策短期提振效应在新房市场有所显现，返程高峰更助推看 房与签约量阶段性上升。尽管不少中介机构的看房量、签约量都实现了不同程度增长，但南都·湾财社 记者注意到，深圳楼市整体成交未能摆脱同比压力。 据美联物业全国研究中心及深圳市住建局数据，10月1日-8日深圳一手住宅备案183套，同比实现25.34% 的增长。但市场热度仍受多重因素制约：一手房备案量环比减少52.09%，二手房市场表现更显疲软， 同期二手住宅备案仅73套，环比锐减93.71%、同比下滑71.71%。 | 类别 | 一手住宅 | | 二手住宅 | | | --- | --- | --- | --- | --- | | 项目 | 套数(套) | 面积(万㎡) | 套数(套) | 面积(万m2) | | ...

出品：新浪财经上市公司研究院 作者：君 9月25日，广州极飞科技股份有限公司（以下简称"极飞科技""公司"）正式向联交所递交上市申请，由华泰国际担任独家保荐人，这是继2021年科创板申请 撤回后公司第二次IPO尝试。 极飞科技计划将本次募集资金进一步用于研发农业机器人产品、扩展全球销售及服务网络、建立新总部、营运资金及一般公司用途。 2025年上半年，极飞科技收入增速大幅放缓，同比微增2.08%，"以价换量"的市场策略或已失效。同时，被视作业绩"蓄水池"的合同负债更是骤降，从2024 年末的3.53亿元锐减至7898.5万元，降幅高达77.64%。 此外，极飞科技的应收账款较2024年末激增1345.55%，存货虽减少20.71%但仍占流动资产的21.33%，叠加经营性现金流恶化，公司可能存在为维持销售规 模而大量赊销的情形。 更为严峻的是，极飞科技频繁因产品质量、售后服务等问题被卷入舆论风波，于2021年10月遭央视财经《经济半小时》栏目曝光。2022年、2023年，公司又 分别被处以罚款5445.6万元、1006.3万元。12315平台显示，近一年公司累计投诉量多达60条。 屡罚屡犯背后，极飞科技的内部控 ...

Core Viewpoint - The real estate industry in Beijing is experiencing a significant increase in transaction volume, driven by policy adjustments and market dynamics, while facing challenges related to high listing volumes and pricing pressures [3][6][8]. Group 1: Market Dynamics - The Beijing real estate market saw a notable increase in second-hand housing transactions, with September recording an average of 525 daily transactions, a 22% increase from August and a 27% increase year-on-year [3]. - In September, the total number of second-hand residential contracts reached 15,843, marking a 19.4% year-on-year increase and a 20.5% month-on-month increase [6]. - The "Golden September and Silver October" period traditionally boosts real estate sales, with both buyers and developers actively participating in the market [7]. Group 2: Policy Impact - Recent policy changes, including the relaxation of purchase restrictions outside the Fifth Ring Road, have allowed previously ineligible buyers to enter the market, thus increasing overall transaction volumes [6]. - The Beijing Municipal Housing and Urban-Rural Development Committee issued 25 new pre-sale permits in September, providing nearly 6,000 new housing units, which has stimulated market activity [6]. Group 3: Pricing and Supply Issues - Despite the increase in transaction volume, the high number of listings (14.1 million as of October 2) indicates a supply-demand imbalance, leading to continued downward pressure on prices [3][7]. - Analysts suggest that the current market conditions reflect a "price for volume" strategy, where sellers are compelled to lower prices to attract buyers, particularly in a high-supply environment [7][9]. - The introduction of new housing products with higher usable area ratios has further complicated the market, impacting the pricing dynamics of second-hand homes [8][9]. Group 4: Industry Practices - The Beijing Real Estate Brokerage Industry Association has issued guidelines to curb unethical practices among real estate agents, including false showings and price manipulation tactics [3][8]. - Reports of agents hiring individuals to create artificial demand and pressure sellers to lower prices highlight the complexities and challenges within the current market environment [8][9].

Core Viewpoint - The real estate industry in Beijing is experiencing a significant shift with new regulations aimed at curbing unethical practices among real estate agents, coinciding with a notable increase in transaction volumes during the traditional peak season of "Golden September and Silver October" [1][4]. Group 1: Regulatory Changes - The Beijing Real Estate Brokerage Industry Association issued ten initiatives to regulate real estate brokerage behavior, prohibiting false showings, price manipulation, and unethical practices that harm homeowners' rights [1]. - The new regulations aim to address the high listing volumes and supply pressures in the second-hand housing market, emphasizing the need for fair pricing and ethical conduct among agents [2][7]. Group 2: Market Performance - In September, Beijing's second-hand housing market saw a daily average transaction of 525 units, a 22% increase from August and a 27% year-on-year growth [1]. - The total number of second-hand residential contracts signed in September reached 15,843, marking a 19.4% year-on-year increase and a 20.5% month-on-month increase [4]. - The increase in transactions is attributed to policy adjustments, an uptick in new housing supply, and a market trend of "price for volume" [4][5]. Group 3: Supply and Demand Dynamics - The high listing volume in the second-hand market is creating supply-side pressure, with 14.1 million units listed as of October 2 [1]. - The introduction of new housing projects, with nearly 6,000 units approved for sale in September, is providing buyers with more options and stimulating market activity [5]. - Analysts suggest that as supply continues to rise alongside demand, the market may stabilize, but prices are likely to remain under pressure due to competitive pricing strategies among sellers [5][6]. Group 4: Future Outlook - The real estate market is expected to maintain a high level of listing activity, with a moderate recovery in transaction volumes anticipated in the fourth quarter [6]. - The ongoing trend of "price for volume" is likely to persist in the short term, influenced by the high inventory levels and market expectations [6][7].

Group 1 - The introduction of new housing policies in Shenzhen on September 5 has led to an increase in market activity, with a notable rise in both new and second-hand property transactions despite a slight decline in second-hand sales due to typhoon weather [1][2] - As of September 28, the total number of new residential units sold in Shenzhen reached 1,482, while second-hand residential transactions totaled 4,323, indicating a robust market despite some fluctuations [1][2] - Real estate agents report a significant increase in decision-making speed and confidence among buyers with clear demands, although prices in the second-hand market remain relatively stable [1][2] Group 2 - The decline in second-hand housing prices over the past four years has made homeownership more accessible to previously unaffordable buyers, driving up transaction volumes [2] - The new policies are expected to create a positive cycle in the housing market, facilitating the transition from second-hand to new homes, particularly for buyers looking to upgrade [2] - The recent policy changes have led to a 35% increase in new home purchases in the 23 days following the policy implementation compared to the previous 23 days, and a 75% increase compared to the same period in August [2] Group 3 - Nationally, the new housing market has remained stable since 2025, but there has been a slight decline in sales since the second quarter, with September showing signs of recovery due to improved supply [3] - The second-hand housing market continues to operate on a "price for volume" basis, with key cities seeing a year-on-year increase in transaction numbers for the first three quarters [3]

Group 1 - Company Huqin Technology submitted its prospectus to the Hong Kong Stock Exchange for a secondary listing on September 16, 2025, aiming to raise funds for global expansion [1] - Five employee shareholding platforms reduced their holdings by 3.83% between August 28 and September 17, 2025, cashing out a total of 3.578 billion yuan [2] - The reduction in shareholding led to all five platforms holding less than 5% of the company, thus no longer being classified as significant shareholders [2] Group 2 - Huqin Technology achieved over 100 billion yuan in revenue in 2024, with a 113.06% year-on-year increase in the first half of 2025, reaching 83.939 billion yuan [3] - Despite the revenue growth, the company's net profit margin decreased from 2.65% in 2024 to 2.25% in 2025, and gross margin fell from 9.30% to 7.67% [3] - The company's business model of "exchanging price for volume" is under pressure, with high-performance computing and smart terminal businesses contributing nearly 90% of revenue but having low gross margins [3] Group 3 - Market opinions are divided regarding the large-scale cash-out by employee shareholding platforms, with some viewing it as a reasonable reward for employees, while others see it as a sign of caution regarding the company's valuation and future prospects [4] - As of September 29, 2025, Huqin Technology's total market capitalization on the A-share market was 105.3 billion yuan, with ongoing focus on the H-share listing process and fund movements [4]