news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

without a trace of hesitation, launch a massive counterattack across the board!

the bullish sentiment of funds completely broke out. in early trading today, a-shares counterattacked across the board. as of the noon closing, the chinext index soared 9.33%, the largest intraday increase in history; the shanghai stock exchange index rose 2.14%, and the shenzhen component index rose 6.37%. new energy, big finance, and big consumption exploded collectively. dongfang wealth surged by more than 13%, and catl surged by nearly 10%.

around 10 a.m., many stock indexes on the shanghai stock exchange showed straight sideways trading. at present, the shanghai stock index has resumed volatility, with gains rapidly expanding to 2%. during this period, the shanghai stock exchange issued an announcement saying. "the exchange has noticed that after the opening of the market today, there was an abnormality in the transaction confirmation in the stock bidding transactions of the exchange. the exchange has paid attention to the relevant situation as soon as possible and is investigating the relevant reasons."

in addition, the real estate sector surged across the board. on september 27, hong kong mainland property stocks collectively strengthened, with kaisa group soaring by more than 69% and cifi holdings group soaring by more than 10%; the a-share real estate sector also continued to strengthen, setting off a price-limiting trend, with vanke a, gemdale group, greenland holdings, chengtou holdings, sunshine holdings, financial street, oct a, etc. have reached their daily limits.

analysts believe that the signal from the political bureau of the cpc central committee to "stop falling and stabilize" means that the central and local governments will intensify their easing policies on real estate in the fourth quarter. it is expected that the purchase restriction policies in beijing, shanghai and shenzhen will be further optimized and adjusted in the future, and the purchase restriction policies in guangzhou and other regions are expected to be fully liberalized.

stimulated by favorable policies, the property market has begun to see some positive changes. industry insiders said that the number of inquiries for some property market projects has increased. while some home buyers are inquiring about the latest credit policies, they are also asking whether there are any discounts on prices.

skyrocketing across the board

on september 27, after the hong kong stock market opened, mainland property stocks collectively strengthened. kaisa group once soared by more than 69%, cifi holdings group rose by more than 10%, and sunac china and sino-ocean group rose by more than 9%.

the a-share real estate sector also continued to strengthen. after setting off a price-limiting trend yesterday, it counterattacked again today. as of midday closing, the real estate index rose 6.24%. vanke a, gemdale group, greenland holdings, chengtou holdings, sunshine holdings, financial street, oct a wait for a strong daily limit.

as of midday, the shanghai stock exchange index rose 2.14%, the shenzhen component index rose 6.37%, and the chinext index rose 9.33%, the largest intraday increase in history. more than 5,200 stocks across the market rose, and the half-day turnover of the shanghai and shenzhen stock exchanges was 946.6 billion. as of the midday closing of hong kong stocks, the hang seng index rose 3.41% and the hang seng technology index rose 6.56%.

on the news, the political bureau of the cpc central committee held a meeting on september 26 to analyze and study the current economic situation and plan the next step of economic work. the meeting emphasized that it is necessary to promote the real estate market to stop falling and stabilize, and to strictly control the increment, optimize the stock, improve the quality of commercial housing construction, increase the intensity of loans for "white list" projects, and support the revitalization of idle land. it is necessary to respond to the concerns of the masses, adjust the housing purchase restriction policy, reduce the interest rate of existing mortgage loans, speed up the improvement of land, fiscal and taxation, banking and other policies, and promote the construction of a new model of real estate development.

looking back at previous politburo meetings, the idea of ​​“promoting the real estate market to stop falling and stabilize” appeared for the first time. yan yuejin, deputy director of shanghai yiju real estate research institute, said that this is the first very clear instruction given by the political bureau of the central committee of the communist party of china on the real estate market, that is, to "stop falling and stabilize." "stop the fall" here includes both the stop of the decline in trading volume and the stop of the decline in the transaction price.

the central bank has also recently released a number of policies to boost the property market. in terms of housing loans, it will lower the interest rates of existing housing loans and unify the minimum down payment ratio for housing loans. specifically: commercial banks will be guided to lower existing mortgage interest rates to near the interest rates of new mortgage loans. the average reduction is expected to be approximately 0.5 percentage points. the minimum down payment ratio for second home loans will be lowered from 25% to 15% at the national level, and the minimum down payment ratio for first and second home loans will be unified.

guo lei, chief economist of gf securities, said that the meeting set a very clear tone for the real estate market. the meeting pointed out that promoting the market to "stop falling and stabilize" includes "responding to the concerns of the masses and adjusting the housing purchase restriction policy." this means that first-tier cities the probability of relaxing real estate purchase restriction policies has increased significantly. adjusting the housing purchase restriction policy is currently the most flexible area of ​​real estate policy.

sinolink securities said that the real estate industry may usher in a new round of policy trends. the current fundamentals of the real estate sector are still bottoming out, and policy expectations are strong. at the same time, low valuations and low positions are superimposed, so the flexibility is relatively large in the short term.

kaiyuan securities pointed out that this portfolio policy for real estate has released a positive signal and provided full support for both home buyers and enterprises. the proportion of mortgage down payments has dropped to a historical low. the reduction in existing mortgage interest rates can reduce residents' debt pressure, stimulate consumption and investment, reduce the pressure of early repayment, stabilize housing consumption expectations, and boost home purchase confidence. the reduction in policy interest rates also indicates that the subsequent mortgage interest rate center will further move down.

positive changes

sending a signal of "stopping the decline and stabilizing" also means that the central and local real estate easing policies will be stepped up in the fourth quarter.

currently, the only cities that still have purchase restriction policies include beijing, shanghai, guangzhou, shenzhen, and parts of tianjin and hainan. chen wenjing, policy research director of the china index research institute, said that it is expected that the purchase restriction policy in beijing, shanghai and shenzhen will be further optimized and adjusted in the future. the purchase restriction policy in guangzhou and other regions is expected to be fully liberalized. greater efforts to optimize the purchase restriction policy in beijing, shanghai and shenzhen will also help to exert the driving effect of big cities and improve boost market confidence.

stimulated by favorable policies, some positive changes have also occurred at the property transaction market level.

according to 21st century business herald, a relevant person in charge of a listed real estate company said that the company has had preliminary communication with its cooperating financial institutions regarding the implementation details. but he did not disclose the content of the communication. the person said that the company has already made research and judgment on this round of policy adjustments. in addition, it is currently the traditional marketing peak season of "golden nine and silver ten", and the company has already made arrangements for marketing.

the relevant person in charge of a real estate company in chengdu also said that the company has communicated with government departments and financial institutions and is currently waiting for the relevant details to be implemented. "i hope to rush to grab a wave of sales." he also pointed out that in the past two days, the company's projects have inquiries have increased. while some home buyers are inquiring about the latest credit policies, they are also asking whether there are any discounts on prices.

after regulatory authorities set the tone, the implementation of policies in various places has also attracted much attention. previously, some cities have released positive signals.

analysts pointed out that many cities will gradually introduce implementation policies in the future. in addition to credit measures such as lowering existing mortgage interest rates and lowering the down payment ratio for second homes, whether relevant restrictive policies in core cities can be further loosened is also the focus of attention from the outside world.

regarding the relevant policies and measures on the financing side of real estate companies, their implementation has also attracted much attention.

the regulatory authorities stated that they are studying to allow policy banks and commercial banks to lend loans to support qualified enterprises in the market-based acquisition of land for real estate companies, revitalize existing land, and alleviate the financial pressure of real estate companies.