coffeebreakarcade| Shell-W is now up nearly 5% and institutions point out that the influence of second-hand housing is gradually increasing

Shell-W (02423) is now up nearly 5%coffeebreakarcade, as of press time, up 5coffeebreakarcade.06%, reported at HK$36.35, with a turnover of HK$15.4789 million.

Huatai Securities pointed out that the 24Q1 sales market continues the weak recovery since last year, but in some cities, the influence of second-hand housing is gradually increasing, and second-hand housing still has a certain substitute effect on new homes in the short term. The bank believes that the "price-for-volume" of second-hand housing may be the key to the increase in the proportion of transactions.