(Beijing / Hong Kong Comprehensive Television) People familiar with the matter revealed that the Chinese regulatory authorities are drafting a list of developers who are eligible to obtain financing.This shows that Beijing is increasing its efforts to boost the real estate industry, which has driven the stock price of Chinese real estate companies to rise.
Bloomberg Society on Monday (November 20) quoted an anonymous insider reporting that a total of 50 state -owned and private housing companies were included in the whitelist, including the development of the new city, Vanke and Longhu Real Estate.
People familiar with the matter said that this whitelist that has not yet been determined is only for financial institutions for reference, and companies listed will receive support from various aspects including credit, creditor's rights and equity financing, but do not mean that hard stipulates banks such as banks and other financial institutions such as banks and other financial institutionsTo borrow from real estate companies.It is currently impossible to determine which developers include the list.
As soon as the above news came out, the stock price of Chinese housing companies rose.Longhu Real Estate Bills on Monday from 4.2 points (US score, the same below, about S $ 0.05) to 42 points, and the development of the new city's development tickets on Monday rose from 3.4 points to 35.4 points, which were the largest increase in the past two weeks.Longhu Real Estate's US deposit certificate rose 6.2%on Monday, reaching the highest level since early October.Vanke's bills rose 5.9 points on Monday, as of Tuesday in the afternoon of 2.7 points to 61 points.
As of 11 am on Tuesday, the Bloomberg industry's research on the Chinese real estate stock index once rose 7.6%, the largest increase in the market for more than two months.Of the 33 ingredients stocks, 31 rose; of which Sunac China and Xincheng's development rose about 27%and 17%, respectively.The index covers major Chinese -funded housing companies listed in Hong Kong, Mainland China and Singapore.
Zheng Huaiwu, director of the research director of Lianchang Securities, said in the research report that he said in the research report that he was willing to help the real estate industry more actively.
However, he pointed out that the main beneficiaries should still be state -owned, quasi -state or high -quality private developers.Essence
China has recently introduced " ", Reducing the down payment, restrictions on purchase and loosening, etc., but the stimulus measures have been very small. In October, the housing prices hit the biggest decline in eight years in October. At the end of the third quarter, the balance of real estate loan also declined for the first time since the record.
The People's Bank of China, the Financial Supervision Administration, and the CSRC jointly held a symposium on financial institutions on Friday (November 17), requiring to meet the reasonable financing needs of different ownership real estate enterprises, and to the normal operating real estate enterprises " Learning, Taking Loan, Broken Loan ".
Morgan Chase analyst Chen Wenhao pointed out in the research report that the white list may help boost the confidence of some developers, but it is unlikely to marked the end of the developer's breach of contract.
