Changes in Hong Kong stocks | Most domestic housing stocks are under pressure, the decline in new home sales expanded in September, and the overall real estate industry is still in a divided pattern

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that domestic housing stocks were mostly under pressure. As of press release, Shimao Group (00813) fell 9.09% to HK$0.06; Agile Group (03383) fell 5.7% to HK$0.149; and Sunac China (01918) fell 3.54% to HK$0.545.

According to the news, on October 19, the National Bureau of Statistics released the basic situation of the national real estate market from January to September 2026. September data showed that the year-on-year decline in the sales area of new homes increased, but second-hand housing transactions bucked the trend; the year-on-year decline in housing prices narrowed, and some core cities corrected year-on-year and continued to grow positively month-on-month; the decline in development investment increased, and construction was still weak.

Open Source Securities pointed out that the overall real estate industry is still in a fragmented pattern of weak sales recovery and supply contraction. Looking ahead to the fourth quarter, the bank expects the policy to end inventory and control growth unchanged, compounded by low base effects, and the general direction of market stabilization is expected to continue.