The LPR remained unchanged in January. Will mortgage rates decrease again in 2025?

① Since January, the policy interest rates, which are the basis for LPR Quotes, have stabilized, suggesting that the January LPR Quote will remain unchanged. ② There is a possibility of interest rate cuts in the first half of 2025, with the total reduction expected to reach 50 basis points for the year, which is higher than the 30 basis points reduction from the previous year, leading to a significant downward adjustment of the LPR Quote.

cls.cnJan 19 23:49 ET

Hong Kong stock market midday review | Hang Seng Index up 2.33% Network Technology stocks rose across the board in the morning session.

The effects of real estate policies continue to manifest, signaling a stabilization and halt in the decline of first-tier cities.

Zhitong FinanceJan 19 23:00 ET

Hong Kong stocks are experiencing fluctuations | Mainland Real Estate stocks are rising as the effects of property policies continue to show. First-tier cities are signaling stabilization after a decline.

Mainland Real Estate stocks surged higher. As of the time of writing, CHINA VANKE (02202) rose by 6.79% to HKD 5.03; SHIMAO GROUP (00813) increased by 5.62% to HKD 0.94; SUNAC (01918) climbed by 5.16% to HKD 1.63.

Zhitong FinanceJan 19 21:53 ET

Keenan Securities: Real Estate sales in the fourth quarter are stabilizing marginally, and the annual scale of starts and completions has significantly contracted.

The expected sales data for January is weak, and the sustainability of market recovery still needs to be observed.

Zhitong FinanceJan 19 21:39 ET

Statistics Bureau: In 2024, national Real Estate Development investment is 10,028 billion yuan, a decrease of 10.6% compared to the previous year.

In 2024, the national Real Estate Development investment is 10,028 billion yuan, a year-on-year decrease of 10.6%, of which Residence investment is 7,604 billion yuan, down 10.5%.

cls.cnJan 16 21:08 ET

Real estate Bonds plummeted, with the decline of "0.21 million科02" expanding to 27% after a trading halt. This year, real estate companies still have over 500 billion Bonds to repay.

In 2024, the Real Estate Industry achieved a total domestic credit Bonds financing of 344.85 billion yuan, a year-on-year decrease of 18.5%. In 2025, the maturing Bonds balance for real estate companies is 313.547 billion yuan, with a repurchase balance of 227.444 billion yuan, where March and June are peak repayment months.

cls.cnJan 16 01:31 ET