Recently, favorable real estate signals have been intensively released. Following a meeting of the three departments of the People's Bank of China, the General Administration of Financial Supervision, and the Securities Regulatory Commission to “treat real estate enterprises with different ownership on an equal footing to meet the reasonable financing needs of real estate enterprises with different ownership systems,” a number of banks, including the Agricultural Bank, CCB, and Zheshang Bank, have recently held discussions with housing enterprises one after another to listen to their financing needs. Judging from the number of housing enterprises participating in the bank symposium, the total number reached more than 20, and most of them were private housing enterprises and mixed ownership enterprises, reflecting the bank's implementation of the “equal treatment” requirement of the three ministries and commissions. This time, the rapid pace of time from policy proposal to implementation shows the firm determination and strength of the supervisory authorities to support housing enterprises. It is foreseeable that financial support for housing enterprises, especially private housing enterprises, will be further strengthened. With the help of financial “vitality,” the financial pressure on housing enterprises will be alleviated, and industry risks will also be effectively mitigated.
The Times observes: Finance helps improve the liquidity of housing enterprises, and the steady development of the industry can be expected
Breakings · 12/01/2023 07:18
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