Announcements on May 10,$Mainland Real Estate (BK1234.HK)$It was once again sought after by capital, and the morning increase further expanded. As of press release,$SHIMAO GROUP (00813.HK)$Up 66.67% to HK$1.00; Xu$CIFI HOLD GP (00884.HK)$rose 18.06% to HK$0.425;$AGILE GROUP (03383.HK)$Up 16.95% to HK$0.69;$SINO-OCEAN GP (03377.HK)$It rose 14.93% to HK$0.385.

According to news, on May 9, the two core second-tier cities of Hangzhou and Xi'an successively completely lifted housing purchase restrictions. Currently, there are provinces or cities that still maintain housing purchase restrictions across the country. Apart from the four first-tier cities of Beijing, Shanghai, Guangzhou, and Shenzhen, only Hainan Province and Tianjin are still partially liberalized.

CITIC Securities said that the market is paying close attention to fundamental trends after the policy was introduced, and believes that housing prices in core areas of core cities are expected to stabilize by mid-2024. CITIC Construction Investment, on the other hand, believes that recently key cities have intensively introduced policies to loosen purchase restrictions. It is expected that the pattern of optimizing regulation policies for first-tier cities to main urban areas and completely abolishing purchase restrictions in second-tier cities will accelerate.