Daily panoramic analysis report of macro market

1. Article 19 of the new real estate policy of Zhengzhou was issued, which proposed to guide financial institutions in Zhengzhou to increase the investment of personal housing mortgage loans and reduce the interest rate of housing loans; Families who own a house and have settled the corresponding house purchase loans shall apply for loans again to buy ordinary commercial houses and implement the first house loan policy. Industry insiders believe that Zhengzhou has become the first city in China to fully relax the purchase and loan restrictions this year, which has the significance of an industry wind vane, indicating that second tier cities have also begun to enter the stage of continuous policy relaxation.

2. The new forces of car manufacturing concentrated on announcing the delivery volume of cars in February, which continued to make rapid progress year-on-year. Among them, Xiaopeng delivered 6225 vehicles in February, with a year-on-year increase of 180%; Ideal cars delivered 8414 ideal one, with a year-on-year increase of 265.8%; 3435 zero running vehicles were delivered, with a year-on-year increase of 447%; Nezha delivered 7117 vehicles, a year-on-year increase of 255%. Weilai automobile delivered 6131 vehicles in February, a year-on-year increase of 9.9%.

3. China’s official manufacturing, non manufacturing and comprehensive PMI in February were 50.2, 51.6 and 51.2 respectively, which continued to be in the expansion range, 0.1, 0.5 and 0.2 percentage points higher than that of the previous month, indicating that China’s economy as a whole continued to maintain a recovery and development trend, and the prosperity level increased steadily. In February, China’s Caixin manufacturing PMI was 50.4, and the manufacturing boom improved slightly, expected to be 49.3, up from 49.1.

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