On August 26th, it disclosed the third quarter performance forecast. $China Mainland Real Estate (LIST1234.HK)$ Generally rising in the morning. As of the time of publication,$SHIMAO GROUP (00813.HK)$ Up by 5%, at 0.63 Hong Kong dollars; $GREENTOWN CHINA (03900.HK)$ Up by 4.49%, at 5.82 Hong Kong dollars; $SEAZEN (01030.HK)$ Rises by 3.47%, at 1.49 Hong Kong dollars;$CHINA VANKE (02202.HK)$ Rises by 3.17%, at 3.91 Hong Kong dollars.
On the news front, on August 23, Vice Minister of Housing and Urban-Rural Development Dong Jianguo stated at a press conference that they are considering establishing three systems for housing: housing physical examination, housing retirement pension, and housing insurance, in order to construct a lifelong and effective mechanism for housing safety management. Currently, 22 cities including Shanghai are conducting pilot programs. For example, the individual accounts for housing retirement pension have been established through the payment of specialized maintenance funds for residences, and the focus of the pilot program is for the government to establish public accounts.
Furthermore, according to relevant statistics, as of now, over 80 cities have announced support for state-owned platform enterprises to acquire commodity residences for the purpose of providing housing guarantees, resettlement housing, talent housing, transitional housing, etc. Recently, successful acquisition and storage have taken place in Fuzhou and Wuhan, signaling positive developments. Sinolink Securities believes that the progress towards de-inventory is approaching, with the successful acquisition and storage in Fuzhou and Wuhan setting a tangible precedent and demonstrating significant reference value. If this model proves successful, there is a possibility of replicating and promoting it in more cities after verification, thereby accelerating the overall stabilization process in first and second-tier cities.