The China Securities Regulatory Commission has introduced five measures to support housing companies' financing mergers and acquisitions, which are called "third arrows" by the market.The good news was injected into the heart of the stock market that was plagued by the epidemic. Chinese real estate stocks rose early on Tuesday (29th) and drove the Lukang stock market to rise.
According to Bloomberg, the China Hang Seng State -owned Enterprise Index once rose 3.8%, and it has risen in two weeks. Real estate stocks such as Country Garden and Longhu Group have risen.The CSI 300 Index rose about 2%, and OCT and Greenland Holdings led.The largest increase in the Chinese real estate index of Bloomberg Industry Research (BI) is 6%in the SSE Real Estate Index.Some housing enterprise bonds continued to rise on Tuesday. Country Garden's domestic and overseas bonds rose. The company expired domestic bonds in 2023 and the US dollar bonds due in 2024 will be the highest price since June.
The five measures of the China Securities Regulatory Commission include restoring the mergers and acquisitions and supporting financing of the M & A and supporting financing of listed companies, restore listed real estate companies and re -financing of listed companies.Fast landing will significantly boost confidence in the real estate industry, the valuation of the sector will be repaired, and it will be more conducive to A -share listed companies.Earlier, China has given the real estate industry support in bank credit, bond financing, etc.
Since the beginning of this month, the Chinese real estate index of BI has risen about 60%, and the momentum will record the largest monthly increase, far beyond the major stock indexes of Lu and Hong Kong.
In addition to the eye -catching performance of real estate stocks on Tuesday, Guizhou Moutai, the largest value of the A -share market, once rose by nearly 4.5%, contributing the largest contribution to the Shanghai Composite Index, and returned to 3100 points in the index plate.Moutai previously announced that it plans to implement a special dividend of 21.91 yuan (RMB, the same below, the same, S $ 4.19) per share, and the controlling shareholder's dividend funds will be used to increase their holdings.
