---
title: "Understanding the Market | Chinese Property Stocks Drop Collectively, Fitch States the Real Estate Market Has Not Yet Hit Bottom, Expects Sales to Continue Declining in 2026"
description: "Chinese property stocks collectively fell, with Ronshine China down 5.42%, CH OVS G OCEANS down 5.22%, R&F PROPERTIES down 5%, and GREENTOWN CHINA down 4.82%. Data from the National Bureau of Statisti"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263437605.md"
published_at: "2025-10-30T06:42:13.000Z"
---

# Understanding the Market | Chinese Property Stocks Drop Collectively, Fitch States the Real Estate Market Has Not Yet Hit Bottom, Expects Sales to Continue Declining in 2026

> Chinese property stocks collectively fell, with Ronshine China down 5.42%, CH OVS G OCEANS down 5.22%, R&F PROPERTIES down 5%, and GREENTOWN CHINA down 4.82%. Data from the National Bureau of Statistics shows that the sales area of newly built commercial housing from January to September decreased by 5.5% year-on-year, and sales revenue fell by 7.9%. Fitch Ratings pointed out that the Chinese real estate industry has not yet bottomed out, and sales revenue is expected to continue to decline in 2026

According to the Zhitong Finance APP, domestic property stocks collectively declined. As of the time of publication, Ronshine China (03301) fell by 5.42% to HKD 0.157; CH OVS G OCEANS (00081) dropped by 5.22% to HKD 2.18; R&F PROPERTIES (02777) decreased by 5% to HKD 0.57; GREENTOWN CHINA (03900) fell by 4.82% to HKD 8.3.

In terms of news, data from the National Bureau of Statistics shows that from January to September, the sales area of newly built commercial housing nationwide was approximately 658 million square meters, a year-on-year decrease of 5.5%, with the decline expanding by 0.8 percentage points compared to January to August. In terms of sales revenue, the sales revenue of newly built commercial housing in the first three quarters was approximately CNY 6.3 trillion, a year-on-year decrease of 7.9%, with the decline expanding by 0.6 percentage points compared to January to August. Additionally, according to a report by The Paper, Ronshine China's domestic debt restructuring plan, originally scheduled for October, has not yet been confirmed and is expected to extend the relevant bonds again.

Furthermore, on October 29, Lulu Shi, Director of Corporate Ratings for Fitch Ratings in the Asia-Pacific region, pointed out that the Chinese real estate industry has not yet hit bottom, and there is uncertainty in the recovery trend. Although the market briefly stabilized in the first quarter of this year, since April, both the sales revenue and prices of new homes have fallen back into a declining range, with the decline further expanding in June. The month-on-month decline in second-hand housing prices has also continued to widen, with first-tier cities not being an exception. Looking ahead to 2026, sales revenue in the real estate market may continue to decline

### Related Stocks

- [00081.HK - CH OVS G OCEANS](https://longbridge.com/en/quote/00081.HK.md)
- [02777.HK - R&F PROPERTIES](https://longbridge.com/en/quote/02777.HK.md)
- [03900.HK - GREENTOWN CHINA](https://longbridge.com/en/quote/03900.HK.md)
- [03301.HK - RONSHINECHINA](https://longbridge.com/en/quote/03301.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 中國海外宏洋集團公佈 2026 年 1 月合同銷售額為 24.1 億人民幣 | 中國海外宏洋集團有限公司報告 2026 年 1 月的合同收入為 24.12 億元人民幣，同比增長 9.3%。總合同面積為 214,600 平方米。截至 2026 年 1 月底，物業預訂收入達到 6.02 億元人民幣，覆蓋 46,300 平方 | [Link](https://longbridge.com/en/news/274943808.md) |
| 滙豐中銀連股息賺七成不輸黃金 港美傳統股當旺 林本利：可趁機減磅 | 林本利預測恆指今年將在 23000 至 30000 點間波動，建議持有傳統金融和地產股的投資者可趁機減持，轉向大型科技股。他指出，儘管金價上漲，但持有滙豐和中銀的收益與黃金相當，過去一年收益超過七成。林本利分析了港股和美股的表現，認為傳統股 | [Link](https://longbridge.com/en/news/275987801.md) |
| 美股七雄變「雙熊」Meta 危危乎 亞馬遜創 20 年最長跌浪 關注股神會否再沽蘋果 | 美股七雄近期表現疲弱，部分已陷入熊市，亞馬遜創下 20 年來最長跌浪。市場對大型科技公司的資本開支及盈利能力產生質疑，尤其是亞馬遜的高額投資可能導致負自由現金流。分析指出，亞馬遜需展現投資回報以消除投資者憂慮。微軟雲業務預計在三年內超過 A | [Link](https://longbridge.com/en/news/276001219.md) |
| 通脹降溫、非農勁爆，美股能否止跌企穩？ | 美國 1 月 CPI 同比降至 2.4%，低於預期，核心 CPI 降至 2.5%，創 2021 年來最低，市場對美聯儲降息預期升溫。美股三大指數漲跌不一，納指小幅下跌但企穩於 24700 點上方。美債殖利率全線下跌，資金回流美債。投資者關注 | [Link](https://longbridge.com/en/news/275994601.md) |
| 股神巴菲特再現「神準」操作 亞馬遜急跌前大減倉 再沽蘋果美銀 買入一隻媒體股 | 股神巴菲特在卸任巴郡 CEO 後，繼續調整投資組合。根據 SEC 13F 文件，巴郡大幅減持亞馬遜 770 萬股，持倉減少 77%；同時出售約 5,080 萬股美國銀行和 1,030 萬股蘋果，連續第三季減持蘋果。巴郡首次增持傳統媒體股，購 | [Link](https://longbridge.com/en/news/276191227.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.