HK Stock Market Move | The stocks of real estate companies in the inner market collectively declined, with listed real estate companies losing up to 50 billion yuan in the past six months. As the offseason approaches, market transactions are relatively quiet.

The stock prices of real estate companies in the NBF sector collectively declined. As of the time of reporting, R&F PROPERTIES (02777) fell by 4.39% to HKD 0.218; SUNAC (01918) fell by 3.57% to HKD 0.54; SEAZEN (01030) fell by 2.72% to HKD 1.43. In terms of news, according to First Financial, as of July 21st, more than 70 A-share listed real estate companies have disclosed their performance forecasts for the first half of the year, with 55 companies experiencing losses totaling between 38.4 billion and 50.2 billion yuan, and 21 companies making slight profits. Due to the deep adjustment in the real estate industry, the total market value of listed real estate companies has also significantly decreased. Statistics from research institutions show that as of July 20, 2026, the total market value of listed real estate companies in China, including A-share and H-share companies, was 1.6 trillion yuan, a 66% decrease from its peak. Founders pointed out that the real estate sector saw a weekly pullback. Overall, new home transactions weakened on a month-on-month basis during the off-peak season, but still maintained slight year-on-year growth. The market is still in a phase of weak recovery and city differentiation. Second-hand home transactions remained stable on a monthly basis during the off-peak season and maintained positive year-on-year growth, indicating market resilience, although the recovery momentum remains moderate.