Daily summary of Real Estate industry trends (2025-01-10)
On the 10th, Lin Zechang, Director General of the Comprehensive Department of the Ministry of Finance, stated at the press conference on "The Effectiveness of High-Quality Development in China’s Economy" held by the State Council Information Office that the expansion of the scope of special bond usage allows for use in two areas related to Real Estate, both of which are policies aimed at increasing effective demand. Within the newly issued quota of special bonds in 2025, local governments can arrange for land reserves and the purchase of existing Commodity housing as needed; these two policies will be gradually released in 2025.
Mortgage Rates Continue to Inch Up, Supply Remains an Issue
MasTec Analyst Ratings
Oak Tree Capital's Marks: New things are prone to bubbles, currently private equity buying S&P 500, with a 10-year yield of only ±2%.
Max recently released a memorandum titled "Revisiting the Bubble," stating that investors are currently betting on the leading high-tech companies to maintain their dominance. However, he believes that it is not easy to stay ahead, as new technologies and competitors can surpass existing market leaders at any time. When people assume that "things can only get better" and Buy based on that, the impact of negative news can be particularly severe. He specifically pointed out the frenzy over AI and how this positive sentiment may spread to other Technology sectors.
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Daily summary of Real Estate Industry trends (2025-01-06)
The Monetary Policy Committee of the People's Bank of China convened its regular meeting for the fourth quarter of 2024. The meeting discussed the work related to deepening the structural reforms on the supply side of finance, pointing out the need to guide large Banks to play a leading role in financial services for the real economy, promote small and medium-sized Banks to focus on their main responsibilities, support Banks to replenish capital, and jointly maintain the stable development of the financial market.
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