As Chinese official continues to expand its real estate market to the Chinese real estate marketFinancing and policy support. In October this year, the first year of financing of real estate companies grew for the first time, and the real estate market showed signs of warmth to warmth.
According to the Securities Times, monitoring data released by the Mediterranean Research Institute on Tuesday (November 8) showed that in October this year, real estate companies' financing increased faster year -on -year, and the total amount of non -silver financing increased for the first time.
Data show that in October this year, the total non -bank financing of real estate companies was 55.68 billion yuan (RMB, Same as S $ 10.742 billion), an increase of 16.4%year -on -year, and a decrease of 27.0%month -on -month.From the perspective of financing structure, in October, the scale of credit bonds accounted for 57.4%, overseas bonds accounted for 0%, trusts accounted for 4.9%, and ABS financing accounted for 37.7%.
Liu Shui, the person in charge of the research department of the Enterprise and Division of the Institute of Research Institute, said that the first monthly financing scale was rising year -on -year in October. Compared with the initial period of the industry entering the downturn, the industry financing has signs signs.The gap between debt issuance was significantly reduced.At present, the central state -owned enterprise is the main force of credit bonds and affected by policy support. It is expected that private enterprise financing will break through.
However, Yan Yuejin, the research director of the Think Tank Center of the E -House Research Institute, said that it is also necessary to objectively treat the scale of financing. It is also a major reason due to the low impact of the low financing base of financing last year.Overall, the pressure on the funds of housing companies is still relatively large.
Data show that from January to October this year, the total non -bank financing of real estate companies was 753.55 billion yuan, a year -on -year decrease of 51.4%.From the perspective of financing structure, credit bonds accounted for 53.5%, an increase of 22.4 percentage points year -on -year; overseas bonds accounted for only 2.3%, a year -on -year decrease of 14.6 percentage points; trusts accounted for 10.9%, a year -on -year decrease of 18.0 percentage points.ABS accounted for 33.3%, an increase of 10.2 percentage points year -on -year.
It is reported that the first batch of insurance real estate companies in September last year had a breach of contract, which impacted a great impact on the real estate market, which led to the rapid decline in the confidence of investors and the ability to issue bonds sharply.Since the beginning of this year, the credit bond market has entered a callback phase and has been strongly supported by policies, which has become the fastest way of financing in various channels.
When the Chinese real estate market has fallen into the cold winter, the Chinese department has recently increased its actions to support private housing enterprises' financing.On November 1st, the Dealers Association and the Real Estate Association jointly conjuncting China Debt Promotion Company to convene 21 private housing companies to convene a symposium. This is also regarded by the industry as a major sign of the industry's new efforts in the industry.
In addition, the China National Development and Reform Commission announced on November 7 that the improving the policy environment and increased efforts to support private investment development.Support for financing.
