According to Wind data, as of February 1, out of 115 A-share listed companies in the real estate industry, 66 companies released their 2022 annual performance forecasts. Of these, 19 companies anticipated performance (including loss reduction), accounting for nearly 30%. However, there are still 41 real estate industry companies that expect to lose money; of these, 7 housing companies are forecasting losses of more than 10 billion yuan. Looking ahead, Liu Shui, head of research in the Enterprise Division of the China Index Research Institute, said that the profit pressure on housing enterprises may ease this year. “In the second half of 2022, the regulatory authorities intensively introduced favorable policies to stabilize market expectations from both the supply and demand sides. It will take time for policy relaxation to spread to the demand side. With increased support, the real estate market will bottom out and stabilize this year. The profit pressure on housing enterprises is still there, but it may ease somewhat compared to 2022.” (Securities Times · e-Company)