Investment Rating - The industry rating is optimistic, expecting overall returns to exceed the CSI 300 index by more than 5% in the next six months [11]. Core Insights - The report highlights that the real estate sector is experiencing a positive market trend, with the Shanghai Composite Index and Shenzhen Composite Index rising by 0.34% and 1.42% respectively on August 11, 2025. The Shenwan Real Estate Index increased by 1.24% [3]. - Specific developments include the planning adjustments in Shenzhen's Guangming District, which involve four residential land plots with varying land areas and floor area ratios [5]. - Guangzhou's state-owned enterprise, Zhujiang Real Estate, has initiated a price guarantee action for seven projects, promising to compensate buyers for price differences until the end of the year [6]. Market Performance - The top five performing stocks in the real estate sector include Shen Property A, Wantong Development, Tianbao Construction, Fuxing Shares, and Jintou City Development, with respective increases of 10.01%, 9.96%, 6.65%, 6.41%, and 6.01%. Conversely, the largest declines were seen in Rongfeng Holdings, Yatong Shares, Huali Family, Guangming Real Estate, and Shangshi Development, with decreases of -4.81%, -2.92%, -1.70%, -1.11%, and -1.04% [4]. Company Announcements - Huazhong City Holdings announced a suspension of trading due to a court-ordered liquidation [9]. - Zhuhai Huafa Industrial Co., Ltd. adjusted the coupon rate of its corporate bonds from 3.90% to 2.30%, with a total issuance of 2 billion yuan and a maturity of five years [9]. Industry News - The Shenzhen Intermediate People's Court announced the auction of the Shenzhen Huangting Plaza, with an estimated value of 4.361 billion yuan and a starting price of approximately 3.053 billion yuan [8].

市区靓地，排队上架。5月7日，广州自规局连续发布两则地块调整批前公示，涉及海珠、白云两区。 AB2510、AB2511、AB2601、AB2602规划管理单元。 从调整后的布局来看，地块中部的村预留发展用地被调整为宅地和商住地。 调整的主要目的是发挥白云湖生态资源优势，优化用地布局，打造白云湖数字科技城重要的生产、生活 空间载体。 地块规划总用地面积约423公顷，总建设量约682万平方米。 地块周边在售新盘包括越秀·天悦云湖、品实·云湖花城、中建·星光城、招商电建南国·雍云邸等，参考均 价2.5-3.3万元/㎡。 其中海珠的广纸片区AH0503规划管理单元，位于广州市海珠区南石头街道，北至工业大道，东至规划 南箕路，西临庄头公园，南至南边路。重点调整内容如下：规划调整范围总用地面积为52.75公顷，调 整后用地主要为二类居住用地8.43公顷、二类居住用地兼容商业设施用地(含兼容其他交通设施用地、 商务设施用地)16.41公顷、商业设施用地1.01公顷、中小学用地6.47公顷、医院用地1.86公顷、社会福利 设施用地兼容文化设施用地1.05公顷、公园绿地(含兼容其他交通设施用地)3.36公顷、道路用地14.17 ...