According to the Smart Finance app, mainland real estate stocks rose together in early trading. As of press time, Agile Group (03383) rose 5.56% to HKD 0.57; Sunac (00884) rose 4.22% to HKD 0.37; Sino-Ocean GP (03377) rose 4.17% to HKD 0.5; Shimao Group (00813) rose 3.9% to HKD 0.8.

On the news side, on June 12, the central bank held a meeting in Jinan City to promote the work of re-loans for affordable housing, investigate and promote the pilot experience of the pre-leasing housing loan support plan, and deploy the work of promoting re-loans for affordable housing. More than 200 cities nationwide attended the video conference. According to Cailian News, many local acquisition platforms have stated that they will speed up the acquisition of commodity housing in the future, not limited to state-owned enterprises, and houses of private real estate companies will also be included in the acquisition scope.

Orient Securities previously pointed out that with local governments implementing policies tailored to the specific conditions of their cities, reducing down payments and lowering housing purchase thresholds, coupled with a decrease in commercial loan interest rates, it has had a positive impact on the market sentiment, with trading volume showing signs of recovery, and policy effects gradually becoming evident. However, considering the weaker ability of overall residents to pay for down payment and monthly installments, and the relatively large supply side volume, the sustainability of policy effects remains to be observed in the future.