speedbaccarat| CITIC Securities: Real estate policy intensive reproduction, sales recovery is expected

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Citic Securities: intensive reappearance of real estate policy sales recovery is expected Securities Times e Company NewsSpeedbaccaratCitic Securities Research News believes that a new round of real estate demand-side policies have been introduced one after another, and it is expected that the real estate market will not trigger systemic risks and is optimistic about the real estate industry chain.SpeedbaccaratThe operation, circulation and quality improvement links.Speedbaccarat.Speedbaccarat..

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Citic Securities: real estate policy intensive reappearance of sales recovery expected Securities Times e Company News, CITIC Securities Research News believes that a new round of real estate demand-side policies have been introduced one after another, and it is expected that the real estate market will not trigger systemic risks. I am optimistic about the operation, circulation and quality improvement of the real estate industry chain. The intensive introduction of policies will help stabilize the confidence of home buyers, release part of the demand and reverse the unilateral downside risks of fundamentals. Of course, the inventory pressure of housing enterprises is still huge, the development industry is still in the deleveraging cycle, and the generally high vacancy rate of commercial real estate has not been alleviated. Due to the excessive supply, it is expected that investment in real estate development, new housing construction and completion will continue to decline, and a series of companies in the industrial chain will still face the challenge of declining income and increasing pressure on repayment. However, the development sector of the supply-side production capacity is relatively sufficient, some blue-chip enterprises retain core assets and operational capabilities, the current valuation has a strong attraction. The operation, circulation and quality improvement of the real estate industry chain, that is, companies committed to improving the operational efficiency of real estate space, companies that promote housing transfer and companies that provide various services after housing transfer, benefit from the growing demand.

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