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| HSI1 | 25,654.70 | -199.90 | 82.28B |
| HSCEI1 | 8,918.88 | -72.14 | 29.42B |
| Back Zoom + Zoom - Block Traded | |
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2025-12-30 14:29:49 China's new home market weakened further in 4Q25, with 11M25 sales down 11.2% YoY, GFA sold decreasing 8.1%, and average selling price falling 3.3%, worse than Fitch's full-year forecasts for declines of 7% in sales, 5% in GFA and 2% in average selling price, Fitch Ratings said. Fitch attributed the market weakness to China's sluggish economy, labor market pressure, and expectations of further price cuts; policy support has offered only temporary relief. During this quarter, Fitch revised the Outlooks on the 'BBB-' ratings of CHINA JINMAO (00817.HK) and Beijing Capital Development Holding (Group) from Negative to Stable, reflecting outperformance in sales and increased clarity around a business transition, respectively. Due to repayment risks associated with CHINA VANKE (02202.HK)'s medium-term notes, Fitch downgraded its Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to 'RD'. ~ AASTOCKS Financial News Website: www.aastocks.com | |