今日A股房地产行业呈现显著短线拉升态势，板块内核心标的表现活跃，赚钱效应凸显。其中，核心标 的盈新发展率先强势涨停，成为板块情绪风向标，有效带动行业整体上行；荣盛发展、上实发展、电子 城、光大嘉宝、华夏幸福等一众板块内标的纷纷跟涨，形成多点开花的格局。从交易层面来看，板块短 线成交量快速放大，量能的有效配合为股价拉升提供了坚实支撑，反映出当前市场对房地产领域中央政 策定调、地方新政落地及市场成交回暖等积极信号的高度认可，板块短期关注度持续攀升。 2. 北京限购新政效果初显，核心城市成交回暖：据环球网2026年1月5日消息，北京于2025年12月24日优 化调整房地产相关政策，大幅降低购房门槛，精准释放新市民、多子女家庭住房需求，新政后市场热度 显著回升。中指研究院监测数据显示，2025年底最后一日北京二手商品住宅网签量超千套，元旦假期 （1月1日—1月3日）新建商品住宅合计网签2.52万平方米（240套）。同时，深圳元旦假期二手房签约 量同比上涨43%，看房量同比上涨81%，核心区优质项目热度不减，市场迎来开门红。 3. 增值税减免政策落地，盘活存量交易市场：据环球网2026年1月5日消息，2025年12月3 ...

转自：河北日报 "十四五"时期唐山持续推动城市发展提质增效 14.71万户居民住宅"旧貌换新颜" （来源：河北日报） 面对市民多层次住房需求，唐山市围绕建立多主体供给、多渠道保障、租购并举的住房保障体系，持续 加强市场调控，让住房供需总量基本平衡，供应结构合理。其中，5年来建成棚户区（城中村）改造安 置住房67699套；提供各类保障性住房46409套，为5063户发放租赁补贴，解决了中低收入家庭和新市 民、青年人住房困难。同时，完善政策体系，房票安置、配售型保障房等创新举措相继落地，为住房保 障工作提供了坚实的制度支撑。 老旧小区改造方面，5年间，唐山市完成投资约30.66亿元，让538个老旧小区14.71万户居民的住宅"旧貌 换新颜"。改造内容从基础的水电气路暖，扩展到节能改造、海绵城市、充电设施、适老化配套等，祥 富里、培仁里等项目荣获"河北省人居环境范例奖"。 瞄准绿色化、工业化、信息化方向，唐山市大力推动建筑业培优做强，筑牢城市建设高质量发展的产业 根基。目前，全市有资质的建筑业企业达1288家，建筑行业结构进一步优化。累计竣工绿色建筑4109万 平方米，装配式建筑1159万平方米，规模位居全省前列。 ...

Investment Rating - The report maintains an "Overweight" rating for the real estate sector [1] Core Insights - The report highlights a rebound in sales in Guangzhou due to the promotion of prefabricated buildings, with a week-on-week increase in sales despite a year-on-year decline [1][6] - The overall market performance remains weak, with the Shenwan Real Estate Index down by 0.41% and the CSI 300 Index down by 0.28%, indicating underperformance relative to the broader market [3][11] Summary by Sections Weekly Market Review - The Shenwan Real Estate Index decreased by 0.41%, while the CSI 300 Index fell by 0.28%, resulting in a relative return of -0.13% [3][11] - The report notes that the performance of the real estate sector is weaker than the overall market [3][11] Industry Fundamentals - For the week of December 12-18, 38 tracked cities saw a total of 29,303 new homes sold, a year-on-year decrease of 31.9% but a week-on-week increase of 8% [4][19] - The total transaction area for new homes was 3.19 million square meters, with a year-on-year decline of 29.6% but a week-on-week increase of 21% [4][19] - In the same week, 16 tracked cities recorded 18,668 second-hand homes sold, down 23% year-on-year but up 1.5% week-on-week [34][37] - The total transaction area for second-hand homes was 181.8 million square meters, with a year-on-year decline of 26.1% and a week-on-week increase of 5.7% [34][37] Land Market Supply and Transactions - In the week of December 8-14, land supply was 2,056.8 million square meters, down 55.1% year-on-year, with an average supply price of 1,053 yuan per square meter, down 38.5% year-on-year [5] - Land transactions totaled 8,132.5 million square meters, up 53.5% year-on-year, with a transaction amount of 135.41 billion yuan, up 55.9% year-on-year [5] Financing Analysis - Real estate companies issued a total of 5.33 billion yuan in credit bonds, reflecting a year-on-year decrease of 39.34% and a week-on-week decrease of 64.51% [5] Investment Recommendations - The report suggests focusing on financially stable and well-performing leading real estate companies such as Yuexiu Property, China Merchants Shekou, Poly Developments, and others, which are expected to effectively respond to market fluctuations [6] - It also notes that property management companies may see performance and valuation recovery as market demand rebounds, recommending attention to companies like China Resources Vanke and Poly Property [6]

持续巩固核心优势 12月16日，记者从江西志特新材（300986）料股份有限公司（以下简称"志特新材"）获悉，日前公司与 中国能建（601868）西南区域总部在成都正式签署战略合作框架协议。通过本次合作，双方将进一步整 合各自在技术、市场、资源等方面的优势，围绕国家重大项目建设、绿色低碳转型及国际业务拓展等方 面开展全方位、深层次合作。 上述合作表明，当前建筑模架、装配式建筑的应用场景不断拓宽，已从传统建筑延伸至桥梁、隧道、管 廊、轨道交通、水利工程、低空经济基础设施、新能源场站等新兴基建领域，以其标准化设计、快速施 工和绿色低碳的显著优势，为各类新兴基础设施提供了高效、可靠且可持续发展的工程解决方案。 积极拓展海外市场 当前，面对国内市场竞争加剧的局面，出海已成为众多企业寻求增长的重要战略。行业头部企业通过建 立海外生产基地、注册国际商标、参与国际技术交流等方式，致力于打造全球竞争力，推动中国绿色新 型建筑技术、产品和服务在世界范围内的应用与认可。 志特新材海外业务主要围绕"产品深耕+区域拓展"双维度发力，其中产品层面，公司以"1+N"多元化产 品及服务战略为核心，在稳固铝合金模板业务基本盘的同时，重点发力 ...

Core Insights - During the "14th Five-Year Plan" period, Hunan has implemented a total of 120 million square meters of prefabricated buildings, with the proportion of prefabricated building area in new constructions increasing from 30.4% in 2020 to 64.6% by 2025 [1][3] Group 1: Industry Development - Hunan is one of the earliest provinces to develop prefabricated buildings and is the only pilot province for green construction in China [3] - The total output value of Hunan's construction industry has grown from 11.8 trillion yuan at the end of the "13th Five-Year Plan" to 15.8 trillion yuan in 2024, ranking 8th nationwide [3] - The added value of the construction industry in 2024 is projected to be 400.705 billion yuan, accounting for 7.53% of the province's GDP [3] Group 2: Innovation and Transformation - Hunan has introduced a series of policies to promote the sustainable and healthy development of the construction industry, focusing on green, industrialized, and intelligent transformation [3] - The province has established the "EMPC" (Design, Production, Construction General Contracting) prefabricated construction method and the "Six Ones" classification advancement mechanism to optimize the development of prefabricated, green, and intelligent construction industries [3] Group 3: International Expansion - Hunan is accelerating its "going out" strategy in the construction industry, establishing overseas business representative offices and engaging in economic and trade cooperation in Europe, Africa, and the Americas [4] - Notable projects include the construction of a hospital in Dominica, rural electrification in Ghana, and water system renovation in Oman, showcasing a shift from single construction to diversified cooperation across the entire value chain [4]

齐鲁晚报·齐鲁壹点 李楠楠 12月5日，烟台市政府新闻办举行"回望'十四五' 奋楫启新程"主题系列第十一场新闻发布会，烟台市住 房和城乡建设局党组书记、局长孙玉荣介绍了"十四五"时期，烟台市住房发展和烟台市建筑业发展的相 关情况。 截至今年10月底，全市累计缴存住房公积金1560亿元 5年来，全市住建系统始终把群众安居宜居摆在突出位置，因时因势优化住房政策，加快完善多主体供 给、多渠道保障、租购并举的住房供应体系，城镇人均住房面积从39平方米提高至43平方米，加快 从"住有所居"向"住有宜居"转变。 抓住房保障提标扩面。筹集、配租公共租赁住房8560套，发放2.1亿元、5.6万户（次）租赁补贴，城镇 低保、低收入住房困难家庭实现应保尽保。筹集配租配售型保障房7600余套、人才公寓1.3万套，有效 满足新市民、新青年以及各类人才等过渡性住房需求，持续完善"一张床""一间房""一套房"的梯次住房 供给模式。 5年来，全市住建系统深刻把握新形势新要求，大力推动传统建筑产业向工业化、数字化、绿色化转型 升级，培育发展现代化建筑产业，建筑业总产值连续4年保持7%以上增速，2024年首次突破千亿元，累 计完成产值超450 ...

Core Insights - The 2025 Guangdong Construction Industry Modernization Development Conference and Guangdong International Construction Industry Expo opened in Guangzhou, focusing on "Digital Intelligence Empowerment, New Quality Development, Building the Future of Guangdong" [1] - The event attracted over 200 participating units from the construction industry, showcasing advancements in technology and resources aimed at modernizing the construction sector [1][3] Group 1: Industry Trends - The construction industry is transitioning from high-speed growth to high-quality development, emphasizing quality over quantity [4] - Guangdong is leading the way in integrating new construction technologies and industrialization, particularly in smart construction and modular buildings [3][4] - The conference highlighted the importance of urban renewal and resource revitalization in enhancing city vitality [4] Group 2: Key Initiatives - The "Hundred Million Project" aims to achieve significant results within three years, with over 11,000 projects initiated and an investment of nearly 170 billion yuan by October [7] - Central enterprises like China State Construction and China Railway are playing a pivotal role in supporting local construction efforts and demonstrating leadership in rural development [7][8] - The conference facilitated cooperation agreements among construction enterprises to enhance resource integration and promote the "Hundred Million Project" [7] Group 3: Future Directions - The event included discussions on cultivating new productive forces in the construction industry and promoting the construction of quality housing [8] - Various activities, such as the Guangdong Provincial Construction Culture Promotion Week and exchanges among young architects, were organized to explore modernization pathways [8]

Group 1 - The core point of the article is that Zhite New Materials (SZ 300986) announced the completion of a share reduction plan by its shareholders, resulting in a total reduction of approximately 4.11 million shares, accounting for 0.9987% of the company's total share capital [1] - The share reduction took place between October 14, 2025, and November 28, 2025, through centralized bidding [1] - As of the announcement date, the company's revenue composition for the first half of 2025 was as follows: 64.16% from construction formwork, 20.15% from other sources, and 15.69% from prefabricated buildings [1] Group 2 - The current market capitalization of Zhite New Materials is 4.5 billion yuan [2]

Policy Updates - The approval of the Chengdu-Chongqing Economic Circle Land Space Planning marks a significant step in establishing a new growth engine for high-quality development in China, positioning it as the fourth major growth source after Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macau[4] - The plan emphasizes enhancing economic development capabilities and facilitating industrial transfer, particularly in the context of national strategic hinterland construction[4] Economic Performance - China's GDP grew by 5.2% year-on-year in the first three quarters of 2025, demonstrating strong economic resilience[7] - Retail sales of consumer goods are projected to increase from 39.1 trillion yuan in 2020 to 48.3 trillion yuan in 2024, reflecting a robust internal demand[7] Fiscal Policy - The Ministry of Finance reported a 3.4% increase in national fiscal expenditure, with social security, education, and technology spending growing over 5%[33] - A special long-term bond issuance of 3,000 billion yuan is expected to drive sales exceeding 1.6 trillion yuan through consumer goods replacement programs[32] Monetary Policy - The central bank's report indicated a 5.2% GDP growth target for 2025, with nominal GDP growth expected to reach 4.8%[38] - In October 2025, M1 growth declined to 6.2%, while M2 growth fell to 8.2%, indicating a tightening monetary environment[43] Regional Development - The Chengdu-Chongqing region is set to play a crucial role in national economic development, with a focus on infrastructure connectivity and institutional reforms to enhance economic capabilities[48] - The region's GDP is projected to significantly contribute to the overall economic landscape of Western China, with a strategic emphasis on high-quality development[50]

Core Viewpoint - Western Cement (02233) has seen a nearly 6% increase in stock price, attributed to its strategic international expansion plans, particularly in Africa and emerging markets [1] Group 1: Company Developments - Western Cement's stock rose by 5.49% to HKD 2.89, with a trading volume of HKD 144 million [1] - The company signed agreements with the Mozambique Ministry of Economy during the China (Shaanxi) - Mozambique Investment Promotion Conference in Xi'an [1] - Western Cement aims to establish itself as a leader in the cement and building materials industry in Africa while also expanding into Central Asia and Southeast Asia [1] Group 2: Financial Insights - According to Guotai Junan, Western Cement's overseas gross profit per ton is projected to reach RMB 288, significantly higher than the domestic gross profit of RMB 42 per ton [1] - The company plans to sell its Xinjiang cement assets for RMB 1.65 billion, which will help alleviate debt pressure and support its overseas expansion efforts [1] - Upcoming projects include new construction in Uganda, acquisitions in the Democratic Republic of the Congo, production lines in Zimbabwe, and a production line in northern Mozambique, with future plans for Angola [1]