News summary
[China Merchants Securities: Some have product advantages, service advantages and pricing advantagesbuzzbaitReal estate companies are expected to regain their valuation premium] Securities Times e Company News, China Merchants Securities Research News said that the year-on-year growth rate of the one-month completed area in April was-19buzzbait.1%(an increase of 2.6 percentage points from the previous month), 1...
Newsletter text
[China Merchants Securities: Some real estate companies with product advantages, service advantages and pricing advantages are expected to regain their valuation premiums] Securities Times e Company News, China Merchants Securities Research Report stated that the year-on-year growth rate of the base period adjustment of the completed area in April was-19.1%(an increase of 2.6 percentage points from the previous month), and the cumulative base period adjustment from January to April was-20.4% year-on-year. Based on the leading role of sales and new construction, it is judged that completion will gradually start a decline cycle. Under the influence of the real estate financing coordination mechanism, some historical suspended and delayed projects have either resumed construction and been completed one after another, or have certain phased support for completion data, but the main line of completion decline will not change. The digestion of completion decline expectations may help some industrial chain companies with product advantages, service advantages and pricing advantages have regained their valuation premiums.
