No Data
No Data
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | Central Economic Work Conference: Continuing efforts to stabilize the real estate market and halt the decline.
After 14 years, returning to "moderately loose" monetary policy invigorates Assets in China! How to layout next?
On December 9, the Political Bureau of the Central Committee of the Communist Party of China held a meeting. The meeting emphasized the importance of economic work for next year and clearly proposed to 'stabilize the real estate and stock markets', 'implement a more proactive fiscal policy and moderately accommodative monetary policy', 'strengthen extraordinary counter-cyclical adjustments', and 'effectively combine policies'.
According to the China Index Academy, the average second-hand Residence price in 100 cities fell by 0.57% month-on-month in November, with Shenzhen and Chengdu's housing prices rebounding first.
The Finger Research Institute released the second-hand housing price map for the top ten cities in November 2024, showing that in November, the average price of second-hand Residences in 100 cities dropped by 0.57% month-on-month, with a decrease that was 0.03 percentage points less than the previous month. The second-hand housing market in first-tier cities showed active performance, with the average price of second-hand Residences in the top ten cities falling by 0.17%, a decline that was 0.16 percentage points less than the previous month.
Hong Kong stocks are moving unusually | Mainland Real Estate stocks are rising significantly. The Political Bureau meeting emphasizes to "stabilize the property market". Institutions are Bullish on a year-end rally.
Mainland Real Estate stocks have risen sharply. As of the time of writing, RONSHINECHINA (03301) is up 10%, trading at HKD 0.55; SUNAC (01918) is up 6.9%, trading at HKD 2.79; SHIMAO GROUP (00813) is up 6.4%, trading at HKD 1.33.
What other policies are needed to "stabilize the real estate market"? Frontline: Early repayment of loans has decreased somewhat but remains high. Industry insiders: Further interest rate cuts are still needed.
Against the backdrop of adjustments in the interest rates for existing home loans, some analyses suggest that the scale of early repayments has slowed down.
No Data