Jinwu Financial News | Domestic housing stocks rose 11.9%, Ocean Group (03377) and Xuhui Holding Group (00884) rose more than 5%, Shimao Group (00813) and Sunac China (01918) rose more than 4%, Xincheng Development (01030) rose more than 3%, Longhu Group (00960) and China Jinmao (00817) rose nearly 2%.
By the end of March, commercial banks had completed the review of all the first batch of “white list” projects promoted by the urban real estate financing coordination mechanism. Of these, the number of approved projects exceeded 2,100, with a total amount exceeding 520 billion yuan. Some unqualified projects had been fed back to the coordination mechanism.