Banks, real estate and other weight plates rise!

On the last trading day of the week, the trend of the A-share market diverged obviously, with the heavyweight plate rising sharply, while the subject stocks pulled back sharply. By the close of trading at noon, the real estate sector was up more than 4%, and the banking, insurance and coal sectors were up more than 2%.

In the Hong Kong stock market, bank stocks moved more ferociously, with Qingdao Bank rising more than 58 per cent and China Zheshang Bank up more than 40 per cent at one point.

The data show that A shares, Hong Kong real estate and banking sectors have a total market capitalization of more than 14 trillion. So why did these 14 trillion assets usher in a violent rise?

The rise of heavyweight stocks such as real estate and banks

On Friday morning, the three major A-share indexes diverged, led by heavyweights, the Prev opened lower and rose higher by 0.39%, and the Shanghai 50 index rose 0.74%. Subject stock is a collective pullback, gem index fell 0.89% in half a day.

From the market point of view, market funds have flowed into real estate, banks, brokerages, coal and other sectors. The admission of foreign capital is also relatively determined, with a net inflow of 3.389 billion yuan in half a day.

As of press time, the A-share real estate development sector rose more than 4%, leading the two cities higher, Jiakai City, China Wuyi, Cinda Real Estate, Zhongjiao Real Estate and other stocks rose by the daily limit, Metro Holdings rose more than 6%, and Vanke A rose more than 7%.

Hong Kong's inner housing stocks also rose stronger, with Hopson Development up more than 6%, China Vanke up more than 5%, and Poly Real Estate Group up more than 3%.

The banking and insurance sector as a whole rose by more than 2%, Qingdao Bank rose by the daily limit, China Zheshang Bank by nearly 7%, Ningbo Bank by more than 4%, Xiamen Bank, China CITIC Bank Corporation and Ping an Bank by more than 3%. China Life Insurance Company Limited and China Pacific Insurance rose by more than 3% and Ping An Insurance by more than 2%.

Bank stocks listed on the Hong Kong stock exchange were even more ferocious, with Hong Kong shares Qingdao Bank up more than 58 per cent and China Zheshang Bank up more than 40 per cent at one point. As of press time, Qingdao Bank rose 52%, China Zheshang Bank 21%, Bohai Bank 7% and Harbin Bank 35%.

In addition, Chinese prefix shares rose again, Chinalco International rose nearly 15 per cent, CGN New Energy rose more than 9 per cent, China Metallurgical rose more than 6 per cent and China Unicom rose more than 4 per cent.

Why pull up? The two advantages are good and exciting.

Analysts pointed out that the collective rise of heavy sectors such as real estate, banking and insurance is related to two major good news: one is the expected reserve reduction, the other is the accelerated landing of real estate financial support policies, and a number of large state-owned banks grant large amounts of credit to real estate enterprises.

Premier Li Keqiang presided over an executive meeting of the State Council on the 22nd.The package of policies and follow-up measures to stabilize the economy have achieved results in an all-round way, and the foundation for economic stability has been consolidated. On increasing financial support to the real economy, the meeting proposed to guide banks to make appropriate concessions to inclusive small and micro-stock loans, continue to do a good job in transportation and logistics financial services, and increase support for bond issuance by private enterprises. timely and appropriate use of reserve reduction and other monetary policy tools to maintain reasonable and abundant liquidity.

Ming Ming, chief analyst at CITIC FICC, said that in history, after the National standing Committee talked about the landing of the reserve requirement, the landing of the reserve ratio usually occurred 8 to 12 days later, and the possibility of landing in December is expected to increase. As one of the policy tools, reserve reduction provides a suitable liquidity environment for consolidating the upward trend of economic stability and doing a good job of economic work at the end of the year.

China International Capital Corporation pointed out that the National standing Committee mentioned that the cut is aimed at supporting credit at the end of the year and alleviating the interference caused by recent liquidity fluctuations. It is expected to reduce the reserve requirement by 0.25-0.50ppt, and the landing time may be in the first ten days of December, releasing funds of 500 billion-1 trillion yuan, not excluding the partial replacement of 500 billion yuan MLF due on December 16. The key areas supported by credit in the near future may include real estate, infrastructure, manufacturing, equipment upgrading, small and micro enterprises, and so on.

At the same time, the real estate industry also ushered in a lot of good news.

On the evening of November 23, the Central Bank and the Banking and Insurance Regulatory Commission issued the Circular on doing well the current Financial support for the stable and healthy Development of the Real Estate Market From maintaining the stability and order of real estate financing, actively doing a good job of "Baojiaolou" financial services, actively cooperating with the risk disposal of stranded real estate enterprises, protecting the legitimate rights and interests of housing financial consumers in accordance with the law, and periodically adjusting some financial management policies, this paper puts forward 16 policy measures in six aspects, such as increasing financial support for housing leasing. The notice is the "16 articles on real estate finance" that have been hotly discussed in the market before.

On the 23rd, a number of state-owned banks announced that they had signed strategic cooperation agreements with a number of housing enterprises. Among them, Bank of China Ltd. will provide Vanke with an intentional credit line of no more than 100 billion yuan or the equivalent in foreign currency, Bank of Communications will provide Vanke with a comprehensive intentional credit line of 100 billion yuan, and Bank of Communications will provide an intentional credit line of no more than 20 billion yuan for Midea home buyers. In addition, Agricultural Bank Of China and China Shipping Development, China Resources Land, Vanke, Longhu, Jindi five real estate enterprises held a bank-enterprise strategic cooperation agreement signing ceremony.