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SUNAC Sees Signs of Improvement in Property Mkt in T1 Cities
2026-06-11 15:40:46 SUNAC (01918.HK) Chairman Sun Hongbin said he is cautiously optimistic about the current trend of the property market, noting that the core issue behind the downturn lies in homebuyers losing confidence. However, he said clear signs of improvement have already emerged in the property markets of tier-1 cities. He added that the real estate business model will undergo structural changes, with the traditional development model gradually phasing out. In the future, property development will shift toward a fund-based operational model, while high-quality investment properties will rely on infrastructure REITs to achieve asset securitization and revitalization. SUNAC will continue to monitor policy developments and industry trends in the REITs market to map out a long-term transformation path. ~ AASTOCKS Financial News Website: www.aastocks.com | |