Housing and property management stocks rose again. As of press release, Sunac China (01918) rose 3.57% to HK$1.45; Baolong Commercial (09909) rose 3.46% to HK$2.39; and Longguang Group (03380) rose 3.28% to HK$0.63.
The Zhitong Finance App learned that housing and property management stocks rose again. As of press release, Sunac China (01918) rose 3.57% to HK$1.45; Baolong Commercial (09909) rose 3.46% to HK$2.39; Longguang Group (03380) rose 3.28% to HK$0.63; and Xuhui Yongsheng Services (01995) rose 3.2% to HK$1.29.
According to the news, the latest report from the China Index Research Institute indicates that recently, banks have proposed “no less than three” for real estate loans, and banks have intensively held housing enterprise symposiums, stating that they will support housing enterprises' reasonable financing demands; housing enterprises' “second arrow” financing continues to receive support, and many listed housing enterprises have completed equity financing.
Haitong Securities believes that along with the role of real estate in stabilizing the economy, it will be re-integrated into the policy vision. The current share of the market value of the sector is not exactly equal to the economic value, so there is room for revaluation. Guolian Securities pointed out that the real estate industry is still in the short-term adjustment stage. In the future, with the gradual implementation of demand-side optimization policies, the pressure on sales and investment in the industry is expected to ease.