Changes in Hong Kong stocks | COSCO Services (06677) rose more than 13% in the intraday period, Beijing's new property market policy exceeds expectations, and the real estate market repair process is expected to accelerate

The Zhitong Finance App learned that Ocean Services (06677) rose more than 13% in the intraday period. As of press release, it had risen 13.33% to HK$0.34, with a turnover of HK$239,500.

According to the news, on August 7, the Beijing Municipal Housing and Construction Commission, the Beijing Municipal Commission for Regulation and Self-Regulation, and the Beijing Housing Provident Fund Management Center jointly issued the “Notice on Further Optimizing and Adjusting the City's Real Estate Policy”. Among them, the “Notice” proposes seven policies and measures in three areas, including optimizing the housing purchase restriction policy, improving the housing grant policy, and increasing support for housing provident funds. The new policy for Beijing's major property market has officially been implemented. The Kerui Real Estate Research Institute believes that unlike previous large-scale flooding incentives, this plan follows the route of inventory optimization and precise dredging, which not only implements top-level policy guidelines, but also paves the way for differentiated adjustments in regulation and control in first-tier cities.

Kaiyuan Securities, on the other hand, said that Beijing is once again shortening the social security period for non-Beijing property buyers and increasing the amount of provident fund loans. The signal is clear, and the Shanghai and Shenzhen purchase restriction policy is expected to be followed up. If the strength of the policy and the pace of implementation are further strengthened, the process of stopping the decline and stabilizing in the real estate market is expected to accelerate. It is recommended to pay attention to high-quality property management standards with outstanding service quality under the “good house, good service” policy.