Analyst
Analyst
Top Stories
Sector Update | China Property
During 1-28 June, new-home sales momentum weakened further. Second-hand transactions in core cities continued to post resilient sales growth. Meanwhile, overall housing prices continued to trend downwards. The aggregate land sales revenue across the five major cities fell 49.6% yoy to Rmb164.8b in 1H26. Overall, the land markets across major cities in 1H26 were characterised by lower volume, with competition becoming more rational. Maintain UNDERWEIGHT.
Technical Analysis
XtalPi | 2228 HK
Support levels: HK$6.68/HK$6.30
Resistance levels: HK$9.76/HK$10.51
Horizon Robotics | 9660 HK
Support levels: HK$3.60/HK$3.32
Resistance levels: HK$5.52/HK$6.20
Top Stories
Sector Update | China Property
During 1-28 June, new-home sales momentum weakened further. Second-hand transactions in core cities continued to post resilient sales growth. Meanwhile, overall housing prices continued to trend downwards. The aggregate land sales revenue across the five major cities fell 49.6% yoy to Rmb164.8b in 1H26. Overall, the land markets across major cities in 1H26 were characterised by lower volume, with competition becoming more rational. Maintain UNDERWEIGHT.
Technical Analysis
XtalPi | 2228 HK
Support levels: HK$6.68/HK$6.30
Resistance levels: HK$9.76/HK$10.51
Horizon Robotics | 9660 HK
Support levels: HK$3.60/HK$3.32
Resistance levels: HK$5.52/HK$6.20
Analyst
Analyst
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