Brokerage Morning Meeting Highlights: The historical bottom of real estate stock valuation may have been established.

At today's brokerage morning meeting, China Securities Co.,Ltd. proposed supply-side optimization, suggesting to focus on industries such as steel, photovoltaic, cement, coal, and rare earths; htsc stated that domestic sales of household appliances are improving with stable exports, focusing on two major themes for the year 2025; China International Capital Corporation believes that the historical bottom of real estate stock valuation may have been established.

cls.cn19:13 ET

Changsha's housing provident fund introduces new policies: the minimum down payment ratio for the first and second set of housing is 20%, and the maximum loan amount can be increased to four times.

①Employees' families purchasing their first or second improved self-occupied housing applying for housing provident fund loans, the minimum down payment ratio is uniformly adjusted to 20%; ②The maximum loan amount for high-level talents in categories A, B, C, and D purchasing their first self-occupied housing can be increased to four times the maximum loan amount in Changsha.

cls.cnNov 18 08:26 ET

Among first-tier cities, shanghai was the first to cancel the standard for regular and non-regular residential properties, and it has comprehensively reduced the cost of housing trade taxes and fees.

① Shanghai is the first of the four first-tier cities to abolish the standards for ordinary and non-ordinary residential properties, and it is expected that the other three first-tier cities will also quickly eliminate the relevant standards. ② The latest policies in Shanghai will reduce personal income tax and housing transaction tax, making transaction costs more reasonable, while better meeting residents' replacement needs; these measures will enhance the confidence of market participants and are beneficial for further stabilizing market expectations.

cls.cnNov 18 00:55 ET

From accounts payable to cash compensation, yuexiu property has consolidated funds totaling 13.5 billion yuan through three rounds of storage.

① Cash compensation exceeds 1.5 billion yuan, yuexiu property's land parcel is once again acquired. ② Yuexiu has had 3 land parcels acquired, with a total of 13.53 billion yuan in funds retrieved, and the compensation method changed from accounts payable to cash compensation.

cls.cnNov 14 09:59 ET

This year, the cumulative issuance of real estate bonds decreased by 20% year-on-year, indicating a possible policy turning point.

Tail risk mitigation, configuration plate can seize the secondary securities selection opportunity.

cls.cnNov 11 03:48 ET

First-time home loan interest rates in cities such as Hangzhou, Nanjing, and Suzhou have returned to the "3" level. The interest rate for provident fund loans may be even further reduced due to inversion.

Hangzhou, Nanjing, Suzhou and other places have successively adjusted mortgage interest rates. Industry insiders believe that in the current stabilization trend of the real estate market, cities raising the lower limit of mortgage interest rates have a certain significance as an indicator.

cls.cnNov 7 22:12 ET