The Zhitong Finance App learned that property management stocks rose collectively today. As of press release, Hejing Youhuo (03913) rose 11.54% to HK$0.435; CNOOC Properties (02669) rose 10.25% to HK$6.13; Wanwuyun (02602) rose 8.12% to HK$18.9; and Poly Industries (06049) rose 7.28% to HK$30.2.
According to the news, the Ministry of Housing and Construction said that as of February 20, 214 cities in 29 provinces across the country had established real estate financing coordination mechanisms, proposed a “white list” of real estate projects in batches and promoted them to commercial banks, involving a total of 5,349 projects; 162 projects in 57 cities had already received a total of 29.43 billion yuan in bank financing, an increase of 11.3 billion yuan over the Spring Festival holiday.
Societe Generale Securities pointed out that as Shenzhen joins the ranks of cities where purchase restrictions are relaxed, the first-tier city housing purchase policy will continue to improve, and the subsequent implementation of more financial support policies will ease the liquidity pressure on housing enterprises, increase buyers' confidence, and release demand for home purchases. State-owned real estate companies are financially secure, have smooth financing, continue to acquire land in core cities, and guarantee sales and performance. Recommended high-quality real estate property management companies