Financial news
Written by: Jingjing He
2020-02-18 10:26
Last updated: 2020-02-18 10:27Earlier foreign media reported that the People's Bank of China will adjust the real estate credit-related assessment indicators in the Macro Prudential Assessment (MPA) to ensure that credit growth remains stable. The People's Bank of China dismissed this rumor, saying that it will continue to adhere to the "housing and living without speculation" positioning, in accordance with the basic principles of the policy of the city, implement the real estate long-term management and regulation mechanism, coordinate the real estate financial regulation, and promote the stable and healthy development of the real estate market.
Driven by news, domestic property stocks were generally down. Country Garden (2007) fell 2.5% to 10.76 yuan with a turnover of 75.29 million yuan; China Overseas Land (0688) fell 1.9% to 28.1 yuan with a turnover of 64.27 million yuan; China Resources Land (1109) fell 2% to 35.35 yuan; Sunac China (1918) fell 2.55% to 43.8 yuan, with a turnover of 420 million yuan. Vanke (2202) fell 2.8% to 30.7 yuan; China Evergrande (3333) fell 2% to 18.76 yuan; China Overseas Hongyang (0081) fell 1.37% to 5.76 yuan; Longhu Group (0960) fell 1.57% to 37.55 yuan .
Chinese property stocks
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