Property management stocks picked up in the afternoon. As of press release, Country Garden Services (06098) rose 4.72% to HK$5.55; Baolong Commercial (09909) rose 3.46% to HK$2.69; Yuexiu Services (06626) rose 3.32% to HK$2.49; and Wanwuyun (02602) rose 2.47% to HK$18.26.
The Zhitong Finance App learned that property management stocks picked up in the afternoon. As of press release, Country Garden Services (06098) rose 4.72% to HK$5.55; Baolong Commercial (09909) rose 3.46% to HK$2.69; Yuexiu Services (06626) rose 3.32% to HK$2.49; and Wanwuyun (02602) rose 2.47% to HK$18.26.
CMB International believes that since the implementation of financing-side policies exceeds expectations and the delayed effects of demand-side policies may provide support for post-holiday sales (especially March-April), the sector may usher in a moderate phased recovery after the holiday season. The bank pointed out that in the context of the continuous promotion of the guarantee delivery policy, it is optimistic about completed targets such as property management companies China Resources Vientiane Life, CNOOC Property, Poly Property, Wanwuyun, and Yuexiu Services.
Everbright Securities pointed out earlier that the property management policy is friendly, the fundamentals are steady, the Federal Reserve's interest rate hike cycle has ended, real estate credit risk has been mitigated, and the property index has fallen back to a historic low. Currently, this is a good time point for allocating the property management industry. Societe Generale Securities, on the other hand, pointed out that housing purchase policies in first-tier cities continue to loosen. With the implementation of more financial support policies, both the supply and demand sides are expected to receive reasonable financing support to ease liquidity pressure on housing enterprises, increase buyers' confidence, and release demand for home purchases.