Jingtou Development hits three consecutive upper limits as real estate sector strengthens

中国基金报··CN·Read original
2▲2 ▼0Impact / 5
Summary · why it matters

The real estate sector strengthened rapidly in early trading, with Jingtou Development hitting its third consecutive upper limit, while Shibei Hi-Tech and Xiangjiang Holdings also surged to their daily limits. Earlier, the Beijing Municipal Commission of Housing and Urban-Rural Development and two other departments jointly issued a notice, implementing seven measures including optimizing housing purchase restrictions starting August 8. Research reports from institutions point out that Beijing's policy escalation is expected to kick off a new round of real estate easing cycle, with leading developers set to benefit first.

Impact on assets 4

Others▲