Real estate stocks opened Sichuan Languang Development Co.Ltd(600466) and Langold Real Estate Co.Ltd(002305) higher as a whole

On December 15, real estate stocks opened higher as a whole. As of the time of publication, Sichuan Languang Development Co.Ltd(600466) , Langold Real Estate Co.Ltd(002305) rose by the limit, Sanxiang Impression Co.Ltd(000863) , Casin Real Estate Development Group Co.Ltd(000838) , Beih-Property Co.Ltd(600791) hit the limit board, Guangzhou Pearl River Industrial Development Co.Ltd(600684) , Cccg Real Estate Corporation Limited(000736) rose by more than 8%, Myhome Real Estate Development Group Co.Ltd(000667) , Tianjin Realty Development (Group) Co.Ltd(600322) rose by more than 5%, China World Trade Center Co.Ltd(600007) , Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) rose by more than 4%, Yango Group Co.Ltd(000671) , Nanjing Chixia Development Co.Ltd(600533) , Beijing North Star Company Limited(601588) , Grandjoy Holdings Group Co.Ltd(000031) rose by more than 3%, Vantone Neo Development Group Co.Ltd(600246) , Huay Uan Property Co.Ltd(600743) , {002244, Tahoe Group Co.Ltd(000732) , {600622, China Calxon Group Co.Ltd(000918) rose by more than 2%.

It is reported that on December 6, 2021, in order to support the development of the real economy and promote the steady decline of comprehensive financing costs, the people’s Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.4%.

(Chinanet real estate)

 

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