At CHINA RES LAND's Aug. 31 H1 2026 results briefing, president Xu Rong said the
current residential sales system reform will reshape market expectations, buyer
rights, developer business models and policy implementation tempo, helping
developers exit the 'three highs' model of high debt, high leverage and high
growth. He said the sector has moved into a stock-quality improvement and
structural-optimization phase: second‑hand transaction volume now exceeds
new-home sales, but new-home for-sale and unbuilt inventories remain elevated.
The reform, by smoothing land‑supply timing and encouraging sales of completed
units, should support new-home market stabilization and price repair—with
high-tier cities to see effects first—and will aid CHINA RES LAND in faster
destocking and optimizing its land portfolio.
