Li Jiage: Industrial and Commercial Shops are expected to slow down in the second half of the year
in the past two years, the industrial and commercial market has continued to improve. Apart from reflecting the high property prices in the residential market, more funds have flowed into the industrial and commercial market. It has also benefited from the development of Guangdong, Hong Kong and Macau and the Belt and Road. Thanks to good news, the second half of the year is affected by the Sino-US trade war and the expected rate hike in Hong Kong. The trading volume is expected to slow down and the amount is expected to stabilize. Among the various types of properties, the industrial buildings have been converted into transitional housing concepts, while the commercial buildings are still most favored by the Mainland funds for the full-scale and full-scale Grade A projects.
Zhu Liangheng, senior business director of the industry and commerce department of the bank, said that the performance of the industrial and commercial market has been stable over the past year. Looking forward to the second half of the year, the Sino-US trade war has the greatest impact on the trading of medium-priced industrial buildings with a price of more than 10 million to tens of millions. However, the number of industrial and commercial mergers and acquisitions continues to increase. It is believed that the investment in the whole building will benefit.
The amount is expected to stabilize
On the commercial side, Xu Kangda, the business director of the business, retail and investment department of the bank, said that in the second half of the year, due to the uncertainty of the trade war, some investors will adopt a wait-and-see attitude, and most of the owners’ bids are still aggressive. The deal is glued, which has a greater impact on the volume.
In respect of the market, Zheng Deming, a senior business director of the retail, commercial and investment department of the bank, said that the retail market in the first half of the year was gradually improving. During the period, the sales of shops also rose steadily in the month and the performance was stable. The average monthly average was 153. In the second half of the year, under the turmoil of trade and the depreciation of the Renminbi, there are hidden concerns in the market. However, the Hong Kong-Zhuhai-Macau Bridge and the high-speed rail will be opened to traffic in the second half of the year. This will help boost the flow of passengers from the Mainland and increase the consumption in Hong Kong. It is believed to help offset the impact of the trade war and the depreciation of the RMB. The market trend is still cautiously optimistic.