Zhitong Financial APP learned that Xiaomo released a report saying that contract sales in February are expected to be converted mainly by sales that have been signed but not recorded, that is, revenue from sales at the end of 2019, so developers with more promotions at the end of last year, such as China Vanke (02202), Country Garden Holdings (02007) and Sunac China (01918), will outperform the market in February.

In terms of investment strategy, the market seems to have roughly the same view as the bank, as demand will eventually pick up, coupled with the possibility of more easing in the coming months, making investors more willing to look at the current downward trend and prices from an optimistic point of view.

The bank said that it is optimistic about large housing enterprises such as China Vanke and Country Garden Holdings, while medium-sized enterprises are bullish on Xuhui Holdings Group (00884), Metro Development (01030) and R & F Real Estate (02777). Small developers are bullish on Zhongjun Group (01966), Midea's Real Estate (03990), time China (01233) and China Olympic Garden (03883).