The 2022 TOP10 research report of Chinese real estate listed companies released by the China Central Index Research Institute on May 20 shows that there is still room for improvement in the valuation of excellent real estate enterprises, focusing on enterprises with financing advantages and strong management ability. In 2021, the capital market was high in the front and low in the back. After the third quarter, due to the repeated epidemic situation and increasing downward pressure on the economy, the overall shock of the capital market weakened. The performance of the real estate sector as a whole, the resilience of the real estate sector is not as good as the market. However, the leading enterprises with sound operation, state-owned central enterprises and regional leading enterprises with financing advantages deserve the attention of investors.