According to the Zhixun Finance and Economics APP, mainland real estate stocks rose in early trading. As of the time of publication, Agile Group (03383) rose by 5.66% to HKD 0.56, Shimao Group (00813) rose by 5.06% to HKD 0.83, Longfor Group (00960) rose by 5.02% to HKD 12.14, and China Evergrande Group (03333) rose by 4.82% to HKD 6.51.

On the news front, recently, several regions including Huizhou and Guiyang have issued policies related to the acquisition of indemnificatory apartments, further increasing the acquisition efforts. On the 12th of this month, the central bank held a symposium on the promotion of the re-lending of loans for indemnificatory apartments in Jinan, aiming to learn from the pilot experience of the previous rental housing loan support program and deploy the promotion of re-loans for indemnificatory apartments. Many acquisition platforms have indicated that they will accelerate the acquisition of commodity houses and will acquire some houses from private real estate companies.

Sinolink Securities pointed out that under the supply-side control of the central bank, the work of re-lending loans for indemnificatory apartments continues to be promoted. Supporting policies are expected to be introduced in the near future, and local acquisition and storage of inventory may gradually result in physical output, accelerating the process of industry stabilization. Citic Securities stated that it is bullish on the prospect of further releasing demand and promoting market structural recovery in core cities under policy guidance. It recommends active disposal of non-performing assets, highly focused on core cities, and companies with smooth financing channels and development capabilities.