Real estate stocks rose sharply yesterday, the biggest gainer closed as high as 59.03%
As of the close on March 17, the Shanghai Composite Index rose 1.40%, the Shenzhen Component Index rose 2.41%, and the ChiNext Index rose 2.87%.
Affected by the good news, whether it is the A-share market or the Hong Kong stock market, the real estate sector rose strongly. Among them, the real estate service sector ranked first in the A-share market with an increase of 8.61%; the real estate management and development sector rose among the top five in the Hong Kong stock market. The increase was as high as 7.26%, while the Hong Kong stock market Sunac China achieved the highest intraday gain in history, and its closing gain on the day was as high as 59.03%.
In the eyes of industry insiders, the intensive expression of multiple departments is conducive to the positive and healthy development of the real estate industry.
Text and photos/Wang Chuhan and Zhang Lu, all media reporters of Guangzhou Daily
Market: Real estate sector rose strongly, Sunac China closed up 59.03%
From the perspective of the A-share market, as of the close on March 17, the real estate service sector ranked first in the growth rate, with an increase of 8.61%.
Hong Kong real estate stocks rose even more strongly. As of the close of the day, Sunac China rose 59.03%.
On the news, the State Council Finance Committee stated that it is necessary to timely study and propose effective and effective response plans to prevent and defuse risks, and propose supporting measures for the transformation to a new development model; the China Banking and Insurance Regulatory Commission said that institutions are encouraged to carry out M&A loans in a safe and orderly manner, focusing on supporting high-quality housing. Enterprise mergers and acquisitions of high-quality projects of difficult housing enterprises; the Ministry of Finance stated that it does not have the conditions to expand the pilot cities of real estate tax reform within this year.
In the eyes of industry insiders, the intensive expression of multiple departments is conducive to the positive and healthy development of the real estate industry.
Researchers from Guotai Junan Research Institute believe that the current valuation of some outstanding real estate companies is at the low single-digit PE level, and there is still a lot of room for value repair.
In the process of increasing market share, leading real estate companies will have stable and sustainable growth performance, and their stock prices will not rise retaliatory.
Reminder: There are still real estate companies facing debt rollover difficulties
Sinolink Securities pointed out that it is a high probability event that the follow-up real estate related policies will continue to be introduced, but short-term sales have not yet stabilized, superimposed on the impact of the epidemic, or some real estate companies may still face difficulties in repaying their debts.
Considering the stability and excess earnings, we are optimistic about the real estate companies that can achieve contrarian growth in sales last year and this year.
According to the analysis of CITIC Securities, the next few months will be a key time window for the industry to maintain credit. City-specific policies, the continued implementation of demand-side support, changes in real estate market sales, and the development of mergers and acquisitions are all worthy of close observation by investors.
Guangzhou area bank mortgage loan amount is sufficient and the fastest 1 week loan
"The loan amount is sufficient now, and the approval is very fast. If the documents are complete, the loan can be released in about a week at the earliest." A staff member of a joint-stock commercial bank in Guangzhou told reporters.
The reporter learned from a number of banks in Guangzhou that the current bank mortgage loan amount is sufficient, and the mortgage interest rate is stable with some decline.
"If you want to apply for a mortgage, it is recommended to apply in the first half of this year." A staff member of a joint-stock commercial bank told reporters.
The Crane Research Center pointed out that since 2022, the residential mortgage loan policy has improved marginally, but the actual residential mortgage loan is significantly lower than market expectations.
The reporter learned from a number of banks in Guangzhou that the current credit issuance is on the rise.
For example, the Guangzhou Branch of the Postal Savings Bank of China has issued more than 15 billion yuan in inclusive finance small and micro loans since the beginning of this year, an increase of 7 billion yuan year-on-year, and the growth rate is close to 60%.
As of the end of February, Guangzhou Branch of China Everbright Bank had an increase of 6.269 billion yuan, or 5%, in the balance of on-balance-sheet loans compared with the beginning of the year.