Changes in Hong Kong stocks | China Construction International (03311) rose more than 4% at the end of the session, and existing housing sales lengthen the capital return cycle, and prefabricated buildings are expected to be further promoted

The Zhitong Finance App learned that China Construction International (03311) rose more than 4% at the end of the session. As of press release, it rose 4.28% to HK$8.16, with a turnover of HK$8.5098 million.

According to the news, on August 28, the three ministries and commissions jointly issued a notice on improving the commercial housing sales system. Existing home sales need to be fully completed before sales can be repaid, and the capital return cycle for real estate agents has been greatly extended. Changjiang Securities pointed out that prefabricated buildings use factory prefabricated on-site assembly, and the construction period is significantly shorter than traditional cast-in-place, which helps developers to pay back sales faster. The proportion of prefabricated buildings is expected to increase in the future, and demand for all aspects of prefabricated buildings is expected to be boosted.

According to public information, Hailong Technology, a subsidiary of China Construction International, specializes in modular integrated buildings (MIC). It divides the building into several modules, prefabricate the structure, decoration, equipment, etc. in the factory, and is transported to the site to quickly assemble it into a complete building. It has achieved a breakthrough in industrialization of “building a house like a car”. It has been maturely applied to residential construction, and is expected to expand significantly in the future.