Understanding the Market | Domestic Property Stocks Generally Decline, SINO-OCEAN GP Drops Over 5%, October Top 100 Sales Significantly Decrease
Chinese property stocks generally fell. As of the time of writing, SINO-OCEAN GP dropped 5.08%, trading at HKD 0.112; R&F PROPERTIES fell 3.57%, trading at HKD 0.54; CH OVS G OCEANS decreased by 3.11%, trading at HKD 2.18. In terms of news, according to CRIC, in October 2025, the top 100 real estate companies achieved a sales turnover of CNY 253 billion, a month-on-month increase of 0.1%, but a year-on-year decrease of 41.9%. Cumulatively, the top 100 real estate companies achieved a sales turnover of CNY 25,766.6 billion, a year-on-year decrease of 16%, with the decline expanding by 4.2 percentage points compared to the first nine months. Huatai Securities believes that the current market sales remain weak, and the high base from policy stimulus in the same period last year has put pressure on year-on-year performance, with the market still in the process of bottoming out and stabilizing. Looking ahead, the firm is more optimistic about the recovery pace represented by core cities such as first-tier cities
According to the Zhitong Finance APP, domestic property stocks generally declined. As of the time of publication, SINO-OCEAN GP (03377) fell by 5.08%, trading at HKD 0.112; R&F PROPERTIES (02777) dropped by 3.57%, trading at HKD 0.54; CH OVS G OCEANS (00081) decreased by 3.11%, trading at HKD 2.18.
In terms of news, according to CRIC, by October 2025, the top 100 real estate companies achieved a sales turnover of CNY 253 billion, a month-on-month increase of 0.1%, but a year-on-year decrease of 41.9%. Cumulatively, the top 100 real estate companies achieved a sales turnover of CNY 25,766.6 billion, a year-on-year decrease of 16%, with the decline expanding by 4.2 percentage points compared to the first nine months. Huatai Securities believes that the current market sales remain relatively weak, and the year-on-year performance is under pressure due to the high base from policy stimulus in the same period last year. The market is still in the process of bottoming out and stabilizing. Looking ahead, the firm is more optimistic about the recovery pace of core cities represented by first-tier cities
