China Securities Co., Ltd.: The Real Estate Industry is under overall pressure, but some companies have already shown performance improvement and optimization of liabilities.

Since the beginning of this year, the land market in core cities has been booming, with the national land auction premium remaining above 10%. The land acquisition amount of the top 100 real estate companies from January to April has increased by 42% year-on-year, and investment confidence has also improved.

Zhitong Finance22:51 ET

CITIC SEC: The real estate industry has reached the end of the downward cycle, and the Industry is shifting towards comprehensive quality competition.

The bank believes that the financing channels have been normalized; compared to the past reliance on credit financing based on主体信用, the current share of financing primarily based on Asset collateral has significantly increased, matching the characteristics of the Real Estate Industry.

Zhitong FinanceMay 8 21:16 ET

China's Central Bank Trims Interest Rates on Individual Housing Provident Fund Loans

MT NewswiresMay 7 23:41 ET

[Brokerage Focus] CITIC SEC anticipates that housing prices can stop declining and stabilize by 2025, Bullish on the positive significance of supply contraction.

Jingu Finance News | CITIC SEC stated that from October 2024, the Ministry of Finance will support local governments in using special bonds to recover idle land, followed by the Ministry of Natural Resources and the Ministry of Finance issuing relevant work guidelines in March 2025, and then various localities will continuously launch lists of land to be recovered through special bonds on a large scale - the push for land recovery policies is quite strong, producing fruitful results. According to bottom-up Statistics compiled by the bank based on the China Index database, in February, March, and April 2025, various places announced total recovery amounts of 52.2 billion yuan, 78 billion yuan, and over 100 billion yuan respectively (calculated based on the average daily disclosure within the statistical range), aiming for 2025.

Jinwu Financial NewsMay 7 20:39 ET

Kerui Real Estate Research: Monthly sales and financing are at a low point, leading real estate companies remain active in stockpiling.

On May 7th, Ke Rui Real Estate Research released the monthly report for real estate companies for April.

Zhitong FinanceMay 7 02:48 ET

The central bank takes measures to stabilize the property market, implementing simultaneous interest rate cuts, reserve requirement ratio cuts, and lowering the mortgage interest rate.

① The central bank announced today the implementation of three major measures: a reduction in reserve requirements, a decrease in interest rates, and a cut in provident fund rates, thereby providing substantial Bullish support for the real estate market; ② The interest rate for the first home loan exceeding 5 years has dropped to 2.6%, further widening the interest rate difference between provident fund loans and commercial loans, which will be more beneficial for first-time homebuyers; ③ "In the future, more supportive real estate policies will be implemented successively, and the loan support for both enterprises and individuals will continue to increase."

cls.cnMay 7 01:14 ET