Changes in Hong Kong stocks | Domestic housing stocks collectively declined, and listed housing companies lost up to 50 billion dollars in half a year, the off-season came, and market transactions were relatively lackluster

The Zhitong Finance App learned that domestic housing stocks fell collectively. As of press release, R&F Real Estate (02777) fell 4.39% to HK$0.218; Sunac China (01918) fell 3.57% to HK$0.54; and Xincheng Development (01030) fell 2.72% to HK$1.43.

According to the news, according to the First Financial Report, as of July 21, more than 70 A-share listed housing companies had disclosed their performance forecasts for the first half of the year. Of these, 55 housing companies had losses, with a total loss scale of 38.4 billion yuan to 50.2 billion yuan, and 21 housing enterprises made slight profits. Affected by deep adjustments in the real estate industry, the total market value of listed housing companies has also shrunk drastically. Statistics from research institutes show that if A-share and H-share real estate companies are counted, the total market value of listed real estate companies in China was 1.6 trillion yuan as of July 20, 2026, down 66% from the peak.

Fangzheng Securities pointed out that the real estate sector pulls back on a weekly basis. Overall, new housing transactions weakened month-on-month during the off-season, but remained slightly positive year-on-year, and the market is still in a phase where weak restoration and urban differentiation coexist; second-hand housing transactions were basically stable month-on-month during the off-season and maintained positive year-on-year growth. The market is still resilient but restoration efforts are still moderate.