With the further expectations of the market's support policies in the real estate industry, Chinese real estate stocks lead the rise in Lu and Hong Kong on Friday, and boosted the Hang Seng Index to three months.It is expected to rise.
According to Bloomberg, the Chinese real estate index of Bloomberg Industry (BI) has risen by 7.6%, and this week has reached about 16%.Among the ingredients stocks, the leading Headeshuma Group has risen more than 20%, and Longguang Group and Time China Holdings have also performed strongly.The A -share SSE real estate index rose by about 1%, leading the five major industries.The benchmark index of the two places was performed. The Hang Seng Index rose nearly 0.9%, and the Shanghai Composite Index fell 0.2%.
Bloomberg quoted people familiar with the matter on Thursday that the Central Economic Work Conference will be held on the 15th to release more signals to support the development of the real estate market at the meeting.This heavy meeting has attracted market attention because it will be deployed next year's economic work, so investors are expected to heat up the real estate industry's recovery.In the past, China's regulatory layers have issued a policy "three arrows" supporting real estate enterprises' financing in terms of bank credit, bonds and equity.
China Merchants Securities pointed out in the report that it is expected that the Central Economic Work Conference will have more clear and stable growth measures in terms of stabilizing real estate, traditional infrastructure, medical infrastructure, and digital new infrastructure.The expectations of the impact of the economy to get out of the epidemic have further improved.
Bloomberg quoted sources this week that China discussed that the 2023 GDP growth target was set at about 5%.Morgan Organizer believes that about 5%of China's economic growth will be "realized" next year, but this depends on how the new leadership team will lead the new leadership team after many years.
Some sectors related to open expectations are temporarily profitable on Friday, and most of the drugs, tourism, and catering stocks are lower.Most of the Macau gaming stocks also fell. Despite this, the Bloomberg Industry Research (BI) Macau Gaming Index still increased by more than 120%compared with the October low.
