Hello everyone, I am guarding the clouds and seeing the moon. On December 28, the three major indexes rose sharply today, and the Shanghai Composite Index rose 138%, the Shenzhen Component Index rose 271%, the GEM index rose 385%。The real estate sector rose strongly after the opening, up 2 as of now41%, what do you think about the follow-up?
On the news side, the latest data shows that from January to November 2023, the transaction volume of second-hand houses and the sales area of newly built commercial houses nationwide increased by 6 compared with the same period in 20229%, and the transaction volume of second-hand houses accounted for nearly 40% of the total transactions of new and second-hand houses, an increase of about 10 percentage points over the same period last year. The transaction of second-hand houses** is of reference significance for new houses.
*In terms of Gree Real Estate and ** Urban Investment, they rose by more than 6%;Dalong Real Estate fell 395%；Vanke A rose 344%, Poly Development rose 485%, China Merchants Shekou rose 259%。Of the 103 stocks covered in this sector, 90 are ***
List of high-quality authors
Summary: The real estate sector has fallen by more than 30% from the highest point in this round of adjustment, and the transaction volume is 111 as of today9.3 billion yuan, with a net inflow of 33.9 billion yuan. At present, although it is in the bottom area, I am not sure whether the ** can be sustained, and the position is mainly wait-and-see.
The above is purely a personal opinion, and the products mentioned in the article are for creative needs and are not recommended. If the article is fortunate enough to be read and feels okay, please pay attention to it and like it to support. Adhere to the concept of value investment, keep the clouds open and see the moon.