1. Vanke A: Net loss of RMB 14.951 billion in the first half of the year, with sales of RMB 35.8 billion. 2. Guangdong's commercial housing sales reached RMB 509.316 billion in the first seven months, with residential sales down 6.0%. 3. After 201

2026-08-28

1. Vanke A: Net loss of RMB 14.951 billion in the first half of the year, with sales of RMB 35.8 billion. 2. Guangdong's commercial housing sales reached RMB 509.316 billion in the first seven months, with residential sales down 6.0%. 3. After 201 rounds of bidding, China Resources Land acquired a plot of land in the Pazhou South District of Haizhu District, Guangzhou for RMB 8.06 billion. 4. Shimao Group: Filed a liquidation petition involving total debt of RMB 2.498 billion. 5. Agile Group reported an interim loss of RMB 2.588 billion, with revenue down 50.4% year-on-year. 6. R&F Properties' interim net loss widened to RMB 5.27 billion, with gross profit margin falling to 8.9%. 7. One commercial and residential land plot in Longgang City, Wenzhou, was listed for sale, with approximately 37% of the area designated for repurchase and resettlement housing. 8. Two land plots in Wuhan were sold at the reserve price, generating RMB 240 million in revenue. 9. A land auction in Zhengzhou saw a 62% premium, with China Resources acquiring an 80-acre residential plot near Zhengzhou Foreign Language School for 1.1 billion yuan. 10. US mortgage rates rose for the first time in three weeks, with the 30-year rate reaching 6.66%. 11. Japan's Financial Services Agency tightened its review of ultra-long-term mortgages, and rising interest rates increased repayment pressure.