Real estate stocks opened lower, with Vanke A falling over 7%, continuing to hit a new low in more than 10 years. Bright Real Estate, Seazen, Gemdale, Cmsk, and OCT also saw declines

70,000 yuan/square meter! A standalone villa in Shenzhen was auctioned for 364 million yuan, setting a new record for the total price of a single residential property auction in the country

On October 31, according to information disclosed by the JD Judicial Auction Platform, the standalone villa No. 48 in the Pure Water Shore (Phase 12) of OCT in Nanshan District, Shenzhen, was successfully auctioned for a transaction price of 364 million yuan, which is a 69% premium over the starting price of 215 million yuan. The transaction unit price is approximately 570,000 yuan per square meter, setting a new record for the highest total price of a single residential unit in national judicial online auctions. This auction attracted 6 bidders, and after 118 bids, it was ultimately won by individual Chen Yingxia

OCT's contract sales amount in September was 1.08 billion yuan, a year-on-year decrease of 59%

OCT's contract sales amount in September 2025 was 1.08 billion yuan, a year-on-year decrease of 59%. The contract sales area was 79,000 square meters, a year-on-year decrease of 67%, but a month-on-month increase of 9% compared to August. In addition, the company's cultural tourism enterprises received 4.51 million visitors, a year-on-year decrease of 12%, mainly affected by typhoon and heavy rain weather

OCT's contract sales amount in August was 990 million yuan, a year-on-year decrease of 57%

According to the Zhitong Finance APP, OCT disclosed its sales situation for August 2025. In August 2025, the company achieved a contracted sales area of 72,000 square meters, a year-on-year decrease of 49% and a month-on-month decrease of 47% compared to July; the contracted sales amount was 990 million yuan, a year-on-year decrease of 57% and a month-on-month decrease of 41% compared to July

OCT released its performance for the first half of the year, with a net loss attributable to the parent company of 2.868 billion yuan, an increase of 171.52%

OCT released its semi-annual report for 2025, with operating revenue of 11.317 billion yuan, a year-on-year decrease of 50.82%. The net loss attributable to the parent company was 2.868 billion yuan, a year-on-year increase of 171.52%. The net loss after deducting non-recurring gains and losses was 2.915 billion yuan, a year-on-year increase of 147.00%. The basic loss per share was 0.3568 yuan