Benefiting from positive market rumors, most Hong Kong-listed real estate stocks have strengthened. As of the time of publication, they have risen by 3.13%, 2.72%, and 2.06% respectively. $SHIMAO GROUP (00813.HK)$and$GREENTOWN CHINA (03900.HK)$Please use your Futubull account to access the feature.$SUNAC (01918.HK)$ respectively.

In terms of news, there have been recent market rumors that the interest rates on existing housing loans may be further lowered. Regarding this, Nomura Securities' chief economist for China, Lu Ting, stated yesterday that under the increased downward pressure on the economy, they expect the implementation of some policies. The central bank still has some room for interest rate cuts in the second half of the year. It is expected that the central bank will continue to guide commercial banks to lower the interest rates on existing housing loans by 40 basis points in the second half of the year. This is quite likely, considering factors such as the interest rate spread of banks and the pressure of homebuyers' mortgage.

If the interest rates on existing housing loans are lowered as planned, it will help directly reduce the mortgage pressure on residents, thereby stimulating consumer recovery and boosting the economy. At the same time, it will also enhance the stability of the real estate market and the confidence of homebuyers.

Regarding the rumors of "transferring existing housing loans to mortgage loans", CM Bank stated on September 2 that they have not received any related notifications and the policy has not been confirmed.

Institutions predict that the transaction volume of real estate in September is expected to increase compared to the previous month.

According to the latest report from China Index Academy, China's real estate market continued to face adjustment pressure in August. At the same time, they predict that the activity of the new housing market in core cities will improve in the short term, driving an increase in overall transactions. However, due to the significant reduction in land supply in the previous period, the supply capacity of real estate companies may be constrained, thereby affecting the speed of sales recovery. In addition, the long-term uncertainty of residents' income expectations has not significantly improved, which will also exert certain pressure on the new housing market.

Similar views have also been expressed by the research center of CRIC, which believes that with the arrival of the traditional marketing peak season, real estate companies will increase their offering intensity and marketing efforts. It is expected that overall transactions in September will show a month-on-month increase.

China Securities pointed out that the seasonal effects of high temperature weather and other factors will gradually weaken in the future. It is expected that real estate developers may take advantage of the traditional peak season to launch more promotions and discounts to stimulate sales. In addition, the current mortgage interest rates have reached the lowest level in history, which is expected to have a certain stimulating effect on demand recovery. Next, attention can be focused on the performance of new home sales during the "Golden September and Silver October" period.

Editor/Rocky