中国房地产_亚太地区每周数据库追踪

Summary of Key Points from the Conference Call Industry Overview - Industry: China Property - Date: June 3, 2025 - Region: Asia Pacific Core Insights and Arguments - Primary Unit Sales: Weekly primary unit sales in 50 cities decreased by 17% YoY compared to a 5% YoY increase the previous week [2] - Tier 1 City Sales: Sales in Tier 1 cities increased by 4% YoY, down from 29% YoY last week [2] - Tier 2 City Sales: Sales in Tier 2 cities fell by 25% YoY, a significant drop from a 4% YoY increase last week [2] - Tier 3 City Sales: Sales in Tier 3 cities rose by 2% YoY, compared to a 10% YoY decline last week [2] - Secondary Unit Sales: Weekly secondary unit sales in 10 cities increased by 2% YoY, down from 9% YoY last week [3] - Tier 1 City Secondary Sales: Increased by 13% YoY, slightly down from 15% YoY last week [3] - Tier 2 City Secondary Sales: Decreased by 3% YoY, compared to a 7% YoY increase last week [3] - Sell-Through Rate: The total sell-through rate was 73%, up from 68% last week [3] - Tier 1 Cities Sell-Through Rate: Recorded at 61%, an increase from 55% [3] - Tier 2 Cities Sell-Through Rate: Recorded at 78%, down from 81% [3] - Asking Price Index: The Centaline six-city secondary asking price tracking index was 20.9%, down from 21.5% last week [3] Additional Important Information - Analyst View: The industry view is rated as In-Line by Morgan Stanley [6] - Analysts Involved: Stephen Cheung, CFA and Cara Zhu are the equity analysts covering this sector [6] - Investment Banking Relationships: Morgan Stanley expects to receive or intends to seek compensation for investment banking services from several companies in the China property sector, including Country Garden Holdings Company Limited [15] This summary encapsulates the key data and insights from the conference call, highlighting the current trends and performance metrics within the China property market.