Yeah, that makes sense.

Longbridge - Zhitong
Zhitong

Understanding the Market | Property management stocks rise with domestic real estate stocks, still room for improvement in mortgage loan rates, etc. Property management risks are gradually being cleared

Property management stocks rose in the morning session along with real estate stocks, with ONEWO up 10.59%, POLY PPT SER up 7.6%, CHINA RES MIXC up 6.88%, YASHILI up 6.31%, and COUNTRY GARDEN SERVICES up 5.11%. Huatai Securities pointed out that the decline in development investment has narrowed, and the financing coordination mechanism is expected to ease the financing pressure on real estate enterprises. CITIC Securities believes that there is sufficient policy space, and there is still room for improvement in mortgage loan rates and other aspects. Everbright Securities stated that property management risks are gradually being cleared, and the value of sector allocation is highlighted

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