CHINA VANKE

$Sunac China(01918.HK) $R&F PROPERTIES(02777.HK) $CHINA VANKE(02202.HK) The focus of this press conference is the statements from the newly added land department.

The first sentence at the beginning is strict control of new land supply.

This means that new land grants will be minimized.

The second sentence is optimizing existing land. Existing land can be reclaimed or transferred by the government, as long as there is land, the government will take it.

This means that it is a significant positive for the market. Among the Hong Kong-listed real estate stocks, Sunac ranks first in land reserves.

The mainland has 154 million square meters of land reserves, most of which are located in first and second-tier cities, which are very high quality.

This means that in the future, the amount of new land will be relatively small, and the focus will mainly be on existing land management, according to the land department's statements.

This time, it is finally the turn of the ministries related to real estate to hold a press conference. Regardless of whether the policy adjustments are effective or not, the response of real estate stocks today is positive. Here are some views from brokerages for your reference. What are the main lines of future local policy support and optimization?

It is recommended to focus on three main lines:

1) "Valuation Recovery": Pay attention to the recovery of liquidity in the real estate industry and the gradual clearance of credit risks for private real estate enterprises, leading to a decrease in risk premiums.

2) "Balanced Development": In the long term, we are optimistic about property management companies with strong independent development capabilities, high project quality, and strong operational and profitability capabilities.

3) "Stable State-Owned Enterprises": The stable development and low risk of state-owned property management companies bring valuation premiums.

Real estate-related industry chain companies:

$CHINA OVERSEAS(00688.HK) , $C&D INTL GROUP(01908.HK) , $YUEXIU PROPERTY(00123.HK) , $Sunac China(01918.HK) , $LONGFOR GROUP(00960.HK) , $CHINA VANKE(02202.HK) , $CHINA RES LAND(01109.HK) , etc.;

Property management companies: $CHINA RES MIXC(01209.HK) , Poly Property (06049), China Overseas Property (02669), Midea Real Estate (03990), etc.

Real estate agencies: $BEKE-W(02423.HK) , $CG SERVICES(06098.HK)

Real estate is going to soar today$LONGFOR GROUP(00960.HK)$CHINA VANKE(02202.HK)$Sunac China(01918.HK)