In the first 11 months, the number of 100 billion real estate companies decreased to 16, and the per

Mondo Finance Updated on 2024-01-19

After November, the China Index Research Institute released the sales performance ranking of real estate companies from January to November.

Liu Shui, director of the research department of the China Index Research Institute, made a profound analysis of the recent property market. He pointed out that the current activity in most cities is still insufficient, but at the level of real estate enterprises, the sales performance of central state-owned enterprises is still relatively strong. According to him, among the large enterprises whose sales increased by more than 10% year-on-year from January to November, including China Shipping, China Resources, C&D, Yuexiu and other central state-owned enterprises. These companies not only maintain smooth access to financing, but also have a brand advantage, so they are relatively good in terms of sales performance.

Director Liu also said that in the first 11 months, the total sales of the top 100 real estate companies were about 574 trillion yuan, and the total sales of the top 10 real estate companies reached 252 trillion yuan. Among the real estate companies with sales of more than 200 billion yuan, 8 companies were shortlisted, while the number of 100 billion real estate companies decreased to 16, compared with the same period last year, the number of 100 billion real estate companies decreased by 3. In addition, the number of 10 billion real estate companies was 108, a decrease of 10 from the same period last year.

At the policy level, a number of favorable policies have also been introduced since November. The central bank and other departments held a symposium of financial institutions, and once again mentioned the "three arrows" to give financial support to real estate enterprises. For real estate enterprises in normal operation, we will avoid the situation of reluctance to lend, withdraw loans, and break loans, and continue to use the "second arrow" to support private real estate enterprises to issue bonds for financing, and support real estate enterprises to carry out reasonable equity financing through the capital market. In addition, relevant policies have been frequently introduced to promote the stable development of the real estate market.

The introduction of these policies has undoubtedly injected new vitality into the real estate market. However, in the face of the current market environment, real estate companies need to seize the opportunities brought by the policy, and they must be prepared to deal with market risks. For home buyers, choosing these excellent central state-owned enterprises can be regarded as a safer and more reliable way to buy a house.

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