Construction & Real Estate · 7.1

Residential Development

Quantified news impact based on deduplicated, quality-reviewed events in a single 3-day window.

Average net impact+1weighted per event

Average gross impact5absolute weighted average

Events6same period

Confidence79%model average

Raw intensity57before weighting

Previous period+8net impact

Gross change-45%

Diffusion speed2.0 / day

Concentration34%

Direction disagreement76%

Source independence100%7 sources

IMPACT TREND

3-day effective impact

Positive 2 · Negative 1 · Mixed 3

+130-13

30 Jul, 170 events

30 Jul, 230 events

-1

31 Jul, 053 events

31 Jul, 112 events

31 Jul, 171 event

31 Jul, 230 events

1 Aug, 050 events

1 Aug, 110 events

1 Aug, 170 events

1 Aug, 230 events

2 Aug, 050 events

2 Aug, 110 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate25%8 cumulative effective impact

Short term75%24 cumulative effective impact

Medium term0%0 cumulative effective impact

Long term0%0 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 1 of 1 · 6 events

Macro1

Macro31 Jul, 17:14mixed

HKMA Reports New Mortgage Loans Rose 25.8% MoM to HK$50.6 Billion in June 2026; New Loan Applications Up 12.5%

The Hong Kong Monetary Authority reported that new mortgage loan applications rose 12.5% month-on-month to 12,117 cases in June 2026. New mortgage loans approved increased 25.8% to HK$50.6 billion, driven by gains across primary, secondary, and refinancing markets. New drawdowns rose 17.6% to HK$27.7 billion. The delinquency ratio remained low at 0.11%.

Effective: 0
Intensity: 50
Confidence: 85%
Horizon: Medium term

Industries4

Industries31 Jul, 08:00negative

China's Elderly Population Hits 320 Million by End 2025; Six Provinces Boost Health Tourism

China's population aged 60 and above reached 320 million by end-2025, with over 60% of healthy retirees aged 60-69 traveling more than three times annually. Hainan, Yunnan, Sichuan, Guangxi, Guizhou and Jilin have rolled out measures to develop health and tourism living industries. The 2026 Boao Forum for Asia Annual Conference revealed a severe supply-demand mismatch in migratory living, warning against blind investment in large-scale health real estate projects leading to low occupancy and unfinished developments.

Effective: -12
Intensity: 60
Confidence: 70%
Horizon: Short term

Industries31 Jul, 10:30positive

China Bulk Asset Sales Surge 76.2% in H1 2026, First-Tier Cities Dominate

China's bulk asset transaction volume reached 121.2 billion yuan in the first half of 2026, up 76.2% from a year earlier, with first-tier cities accounting for 65.3% of the total. Domestic buyers dominated, contributing 97% of purchases, while foreign investors made up just 3%. The recovery was selective, driven by discounts on high-quality, cash-flow-generating assets, as buyers focused on rental yields and long-term returns rather than price appreciation.

Effective: +8
Intensity: 40
Confidence: 70%
Horizon: Immediate

Industries31 Jul, 19:39mixed

Top 100 China Developers' Sales Decline Narrows for Fifth Month; First-Tier Cities Improve in Jan-Jul 2026

In the first seven months of 2026, cumulative sales of China's top 100 real estate developers reached approximately 1.80 trillion yuan, with the year-on-year decline narrowing for the fifth consecutive month. Poly Developments, China Overseas Land & Investment, and China Resources Land led with sales of 150 billion yuan, 149.46 billion yuan, and 130.6 billion yuan, respectively. Five developers posted sales above 100 billion yuan, unchanged from 2025. On equity sales, China Overseas grew 13.3% year-on-year, while four developers recorded growth exceeding 100%, led by Zhongjian Jiuhe at 222.6%. First-tier cities showed significant improvement, with Shanghai's new home sales area rising and a land plot in Yangpu District setting a record unit price of 102,023 yuan per square meter.

Effective: 0
Intensity: 62
Confidence: 82%
Horizon: Short term

Industries31 Jul, 09:32mixed

Beijing, Shanghai, Guangzhou Land Auctions Top RMB 30 Billion in One Day

In late July 2026, core land parcels in Beijing, Shanghai, Guangzhou, and Hangzhou were auctioned intensively. On July 28 alone, three cities' prime plots fetched over RMB 30 billion, led by Shanghai's Yangpu Badatou site at RMB 16.12 billion after 219 bidding rounds. The auctions underscore developers' focus on top-tier cities amid shrinking investment maps and high premiums.

Effective: 0
Intensity: 70
Confidence: 80%
Horizon: Short term

Companies1

Companies31 Jul, 15:29positive

New World Development's Aoyun Adds Final Three Two-Bedroom Units, Priced HK$18.03-18.97 Million

New World Development has released the final three two-bedroom units at its Aoyun project in Rose Street, Kowloon Tong, for sale starting next Tuesday. The units, sized 515 to 561 square feet, are priced between HK$18.03 million and HK$18.97 million. The project has sold 64 units, raising over HK$2.7 billion, setting a new single-day sales record for 2026. A four-bedroom rooftop special unit previously sold for HK$91.44 million at HK$56,866 per square foot, a record for luxury presale properties in 2026.

Effective: +12
Intensity: 60
Confidence: 85%
Horizon: Short term