March and April of each year have always been the traditional peak season for the mainland property market, which is of great value to the real estate industry, but this spring this year, it has a more important indicator significance: under the pressure of the economic downturn caused by the epidemic, more China has released loose policies, and real estate companies are expected to come back to life, repeating the jedi survival plot after the "policy bottom" in 2008.
"Housing to live without speculation" is the main tone of China's regulation of the property market in recent years. For home buyers, by increasing the down payment ratio, raising the threshold for buying a house, and restricting the purchase of second homes, the funds entering the property market are suppressed; for real estate developers, it is a sacrifice The "three red lines" were issued, and credit measures were used to limit the scale of lending to real estate developers. Under this combination of regulation and control, privately-owned real estate developers were in a hurry, and many mainland real estate stocks listed in Hong Kong were at risk of default.
The meeting of the State Council Financial Committee held on March 16 pointed out that for the real estate industry, it is necessary to timely research and propose effective solutions to prevent and defuse risks, and propose supporting measures for the transformation to a new development model.
The picture shows Vice Premier Liu He of the State Council.
(file picture)
However, after the Lunar New Year in the Year of the Tiger, the very strict property market control measures in the past have gradually turned to be relaxed. One of the core indicators is that more than 60 mainland cities have relaxed their purchase restrictions, not only in third- and fourth-tier cities, but also in Provincial capitals such as Zhengzhou, Harbin, Fuzhou and Lanzhou, as well as second-tier cities such as Qingdao.
However, the three major first-tier cities, "Beijing, Shanghai and Shenzhen", which are the benchmarks for the strong regulation of the mainland property market, have not joined the ranks of easing...
For details, please read the 312th issue of "Hong Kong 01" electronic weekly report (April 11, 2022) "
China's property market frequently blows warm air and collective suspension of Chinese property stocks is not pessimistic"
.
Click here
to try out the weekly e-newsletter for more in-depth reports.
Other exclusive highlights of the
312th issue of "Hong Kong 01" e-Weekly News :
From the colonization of Hong Kong by British to the return of sovereignty
Li Jiachao's candidacy declaration requires "doing things" in addition to "being an officer"
Minibuses are in dilemma in operation, and they need to leverage technology and the government to unwind
The Impact of Ukraine's "Bucha Incident" on All Parties
China's economy faces "deepest" recession since reform and opening up
The role of Sun Chunlan, the "anti-epidemic general" from Wuhan to Shanghai Zhongnanhai
The completion of the human genetic map opens the era of precision medicine
【Cantonese Taboo】Language taboos and euphemisms in daily life——Starting from "Taoji"