On April 29, the stock price of the real estate sector floated red. As of the close of the day, A shares, including Vanke, Huaxia Happiness, Jindi Group, Metro Holdings, Dalong Real Estate, Jingneng Real Estate, Fuxing shares and other 26 real estate stocks rose by the daily limit, while 38 real estate stocks rose by 5% 10%. A total of 44 Hong Kong real estate stocks rose more than 10%, 37 real estate stocks rose 10%. On the news, on April 28, Chengdu announced the complete abolition of purchase restrictions. Starting from April 29, housing transactions in Chengdu will no longer examine the eligibility for purchase, no longer implement notarized lottery selection, and no longer limit the number of units purchased. Earlier, Changsha also announced the lifting of purchase restrictions. According to the monitoring of the Institute of the Middle Index, so far, in addition to Hainan Province, the core cities in the first-tier cities and Hangzhou, Tianjin, Xi'an core area and other seven cities still maintain the purchase restriction policy.
CommentSpycasino50freespinsReal estate stocks are floating red in an all-round way, showing the positive response of the market to changes in the policy environment. If the real estate policy is indeed adjusted, especially the relaxation measures on the demand side and supply side, it will greatly boost market confidence and ease the destocking pressure on the real estate industry. However, it should be noted that the market rumors have not been officially confirmed, and the potential changes in policy and their real impact on the market still need further observation and analysis.
