CITIC Securities pointed out that on May 27, Shanghai issued the “Notice on Policies and Measures to Optimize the Stable and Healthy Development of the City's Real Estate Market”, which greatly optimizes the existing real estate regulation policy. This move not only opens up space for further optimization of real estate policies in major cities across the country, but also shows the government's determination to stabilize real estate demand. The main problems faced by real estate companies, namely the continuing decline in housing prices and the problem of non-performing assets, are all about to be solved. The real estate market is experiencing a wave of recovery spreading from core cities to other cities, and external demand for improved, reasonable and real self-occupation is being released. Optimistic about real estate transaction service providers, development companies, and leading property service companies.