Zhitong Financial APP learned that on December 23, affected by the news that the new policy of equity financing helped high-quality real estate enterprises to improve their balance sheets, the A-share real estate sector pulled up again. As of press release, Deep Housing A (000029.SZ) rose, Zhujiang shares (600684.SH), Chongqing Development (000514.SZ), Sunshine shares (000608.SZ), China Wuyi (000797.SZ), Tianbao Infrastructure (000965.SZ), 600665.SH and other stocks rose.
The CSRC held a meeting a few days ago to implement the spirit of the Central Economic work Conference, proposing to vigorously support the steady development of the real estate market, including comprehensively implementing the plan to improve the balance sheet of high-quality real estate enterprises, allowing qualified real estate enterprises to "backdoor" listed real estate enterprises, and allowing listed companies in closely related industries such as real estate and construction to carry out housing-related restructuring.
Industry insiders believe that improving the balance sheet of real estate enterprises is a task repeatedly emphasized by the recent supervision, and equity financing is the most direct and effective way to improve. Backdoor listing opens up new ideas. On the one hand, it adds new channels of equity financing for non-listed real estate enterprises, and on the other hand, it provides opportunities for listed real estate enterprises that do not have the ability to increase steadily to restructure and improve their balance sheets.
In addition, the party committee of the Shanghai Stock Exchange recently held a party committee to conscientiously study the spirit of the Central Economic work Conference and study the deployment and implementation of measures. The Shanghai Stock Exchange said that it will give full play to the role of the main board of the Shanghai Stock Exchange and Science and Technology Innovation Board, comprehensively use stocks, bonds, funds and other tools to promote merger, reorganization, spin-off and listing, help the transformation and upgrading of traditional industries and the cultivation and growth of strategic emerging industries, and promote the virtuous circle of "science and technology-industry-finance". We will encourage and support the private economy and private enterprises to make use of the capital market to develop and grow, give full play to the function of the capital market to promote the steady development of the real estate market, promote the smooth transition of the real estate industry to a new development model, and promote the development of the digital economy and platform enterprises.