The ① Central Financial work Conference was held in Beijing from October 30 to 31. The meeting stressed that we should speed up the construction of "three major projects" such as indemnificatory housing and build a new model for real estate development. ② CITIC research newspaper predicted that institutional reform may expand the business scope of development enterprises, but also support the obvious trend of downward industrial chain investment.
The Central Financial work Conference was held in Beijing from October 30 to 31. The meeting stressed that we should promote the virtuous circle of finance and real estate, improve the main body supervision system and capital supervision of real estate enterprises, improve the macro-prudential management of real estate finance, and equally meet the reasonable financing needs of real estate enterprises of different forms of ownership. because of the city policy, we should make good use of the policy toolbox, better support the demand for rigid and improved housing, speed up the construction of "three major projects" such as indemnificatory housing, and build a new model for real estate development.
Prior to this, Guangzhou announced the special plan for urban renewal and the special plan for the transformation of villages in the city, explored the housing ticket placement policy, widened the financial support channels for the transformation of villages in the city, solved the difficult problems of the transformation of villages in the city, and improved the efficiency of the transformation. CITIC research newspaper predicts that the transformation of villages in the city will also be actively promoted in the future. The speed of urban land allocation for the construction of indemnificatory housing may be faster, while the impact of hardened urban village reconstruction may be longer-term. Both institutional reforms are likely to expand the business scope of development enterprises, and also support the investment in the industrial chain which tends to decline obviously.
According to the theme database of the Financial Associated Press, among the relevant listed companies:
Beijing Investment DevelopmentAccording to the 2023 semi-annual report, a number of indemnificatory apartment and supporting projects are being developed and sold.
City Investment HoldingsIt has diversified product systems such as commercial housing, indemnificatory apartment, rental housing, office, commerce, science and technology park, etc., and has delivered more than 60, 000 sets of indemnificatory apartment and more than 6, 000 units of indemnificatory rental housing.