Zhitong Financial APP learned that property management shares rose in the afternoon. As of press time, Metro Hyatt Service (01755) rose 10.8% to HK $8.21; Xuhui Yongsheng Service (01995) rose 10.54% to HK $8.39; Sunac Services (01516) rose 9.72% to HK $3.50; Country Garden Services Holdings (06098) rose 10.02% to HK $28; China Resources Mixc Lifestyle Services (01209) rose 9.35% to HK $38.7.

Zhongtai Securities said that the poor performance of the capital market in the property sector in 2021 is mainly due to the credit risk of real estate related parties. Looking forward to the future, we believe that the logic of the industry's high-quality track will remain unchanged and the company's high-growth logic will remain unchanged. In the short term, we believe that the subject matter of the background of state-owned enterprises and central enterprises has a strong ability to resist risks. in the medium to long term, after the bottom of the real estate sector recovers and the credit risk is released slowly, we suggest that we should pay attention to private enterprise leaders and high-quality frontlines. in addition, we should pay attention to the fine track leaders and first-line brands, such as business management, business writing, etc., and there is a logic of simultaneous rise in quantity and price in the next 3-5 years.