The potential of "China Travel": there is still an annual increase of 200-350 billion RMB.

Bank of America predicts that if the proportion of tourism exports to GDP in China can catch up to the levels of South Korea or Japan, it will bring more than 20-350 billion yuan in income to China's tourism industry.

wallstreetcnJan 13 02:39 ET

Pan Gongsheng: The level of Real Estate transactions has improved, and research shows that residents' willingness to purchase homes is steadily increasing.

① Pan Gongsheng stated that recently the central government has further clarified that local government special Bonds can be used to recover idle stock land, acquire newly stored land, and purchase existing Commodity housing, which will accelerate the de-inventory process in the Real Estate market and stabilize the real estate market. ② According to the survey data released by the China Index Academy today, the willingness of residents to purchase homes has been stable with a slight increase recently; overall, most city markets are continuing to adopt a strategy of exchanging price for volume.

cls.cnJan 13 01:52 ET

The three major A-share Indices fell collectively, Hong Kong stocks rose, SUNAC dropped over 25%, national bond yields rose rapidly, and the offshore yuan jumped by a hundred points.

Today, the People's Bank of China announced the decision to temporarily suspend the purchase of government bonds in the open market, resulting in a sharp decline in government bond Futures, while the offshore RMB surged by a hundred points. SUNAC fell over 25%, following reports that Cinda Hong Kong had filed for its liquidation.

wallstreetcnJan 9 20:50 ET

It's once again the annual mortgage repricing day, and Banks personnel candidly state that "revenue pressure is increasing." How to stabilize the interest margin under the expectation of interest rate cuts?

① With the arrival of the repricing cycle on January 1st, many industry professionals who spoke with reporters from the Financial Association stated that "revenue pressure is increasing." ② Looking ahead to 2025, many experts believe that the policy interest rates need to be further lowered during the year, and mortgage rates will continue to decline. ③ From the perspective of the Industry, controlling costs remains the primary measure each bank is taking to ease the downward pressure on interest margins.

cls.cnJan 2 08:14 ET

At the end of 2024, the top 100 real estate companies will see a rebound in sales, with the number of companies exceeding one billion reduced to 11.

By the end of 2024, the sales of the top 100 real estate companies will show a tail end market trend; the number of billion-yuan and hundred-million-yuan real estate companies continues to decrease, with the number of billion-yuan companies further reduced to 11 in 2024, returning to the level of 2016.

cls.cnJan 2 03:18 ET

Year-end review | In 2024, the CNI Yangtze Index mortgage rates will experience a "three consecutive declines". The LPR in 2025 is expected to continue to decrease, and mortgage rates are likely to stabilize at a low level.

① This year, the LPR has experienced three significant reductions, with the one-year LPR down a total of 35 basis points and the five-year LPR down a total of 60 basis points, both annual declines reaching new highs since the LPR reform. ② After the re-pricing at the beginning of 2025, the interest rate for existing first-time home loans will decrease by a total of 110 basis points to 3.3%. From the perspective of Consumer, the reduction in interest rates on existing home loans significantly boosts Consumer spending.

cls.cnDec 30, 2024 21:37 ET