On Thursday (April 14), real estate enterprises in Hong Kong stocks suddenly rose after more than 2 p.m.
Among them, Longguang group (03380. HK) and Hejing Taifu group (01813. HK) led the gains.
The expected reduction of reserve requirement is certainly one of the reasons to stimulate the rise of stock price.
The executive meeting of the State Council held on the 13th decided to encourage large banks with high provision level to reduce the provision rate in an orderly manner in view of the changes in the current situation, timely use monetary policy tools such as RRR reduction, further strengthen financial support for the real economy, especially industries seriously affected by the epidemic, small, medium-sized and micro enterprises and individual industrial and commercial households, reasonably transfer profits to the real economy and reduce comprehensive financing costs.
Guotai Junan Securities Co.Ltd(601211) believes that the RRR reduction will be implemented as soon as Friday (April 15).
news: Recently, there have been frequent measures to relax the favorable real estate industry
On April 14, the financial Associated Press reporter learned that Huaibei City, Anhui Province issued a policy that during the spring housing exhibition from April 30 to May 4 this year, individuals or families who buy the first set of newly-built commercial housing can receive a maximum reward of no more than 60000 yuan, and non first sets can receive a reward of no more than 40000 yuan; The purchase of new non residential commercial housing can also be rewarded with a maximum of 30000 yuan.
In addition, local and foreign residents or enterprises who buy houses during the housing exhibition can also enjoy financial incentives, credit support from financial institutions and subsidies for development enterprises. In this regard, Huaibei housing and Urban Rural Development Bureau office staff told reporters that the policy is only effective during the housing exhibition, and the specific implementation measures can refer to the relevant documents.
Tianjin recently issued the notice on issues related to the purchase of the first set of housing and the withdrawal of housing provident fund for indemnificatory housing (hereinafter referred to as the notice).
According to the notice, if an employee purchases the first set of housing and indemnificatory housing in Tianjin, in addition to the employee and his spouse, the parents of the employee and his spouse can also apply for withdrawal of housing provident fund.
Suzhou has also relaxed the sales and purchase restrictions. On April 11, the reporter confirmed from Suzhou real estate market and transaction management center that Suzhou began to adjust the sales restriction policy from today, and the sales restriction period of second-hand houses was changed from five years to three years.
In addition, Suzhou also adjusted the purchase restriction policy, and the non registered residence residents’ social security was paid 2 years continuously for 3 years, and adjusted to 2 years.
Citic Securities Company Limited(600030) a recent research report said that from historical experience, real estate stocks did not fluctuate with the changes of fundamental prices, but rose and fell with the expected rise and fall of policy tightness.
CITIC believes that now it seems that policy means are enough to promote the bottom rebound of fundamentals, and the willingness of policy intervention under credit risk has reached the highest point.
CITIC believes that March April 2022 is an important time to continue to over allocate real estate blue chips.
