JPMorgan noted that the recent National People's Congress session did not reflect a strong willingness to boost the domestic real estate sector. The firm expects the sector to underperform in the short term and highlighted the Politburo meeting scheduled

According to a JPMorgan research report, the fourth session of the 14th National People's Congress opened yesterday (March 5). The latest 'Government Work Report' and the outline of the '15th Five-Year Plan' have been released. The tone regarding the real estate market remains focused on 'risk resolution' and 'stability' as key points. However, there was no stronger indication of intent to boost housing prices or restore home-buying confidence, and the term 'halt the decline and stabilize' has not been used for some time. The silver lining is that investor expectations were already low. Since the NPC session did not bring any surprises, JPMorgan believes that this sector may underperform the broader market in the short term but could regain strength by early April when investors will look ahead to the Politburo meeting at the end of April.

AASTOCKSMar 6 11:52

Express News | Government Work Report: Control Increment, Reduce Inventory, and Optimize Supply Through City-Specific Policies

BreakingsMar 5 10:03

The房企 sales rankings for the first two months have been released: Vanke has dropped to tenth place. Who is making a breakout against the trend?

In February 2026, the top 100 real estate enterprises achieved a total operating sales amount of 123.42 billion yuan for the month. Cumulatively, the operating sales amount of the top 100 enterprises in the first two months reached 288.87 billion yuan. In February this year, a total of 29 typical real estate enterprises reported year-on-year growth in cumulative performance, with seven out of the top ten enterprises in terms of year-on-year sales growth being small and medium-sized private real estate developers.

cls.cnMar 2 16:57

Express News | The price of second-hand homes in Shenzhen has risen for three consecutive months, with the average price reaching 62,000 yuan per square meter in February.

BreakingsMar 2 10:24

Market Chatter: Hong Kong Home Prices Rise 0.5% in January; Index Highest Since June 2024

MT NewswiresFeb 26 10:38

UBS Group: Shanghai's relaxation of property market measures significantly lowers social security contribution thresholds, but is expected to have limited impact on transaction volumes.

UBS Group issued a research report stating that Shanghai has announced a series of property market easing policies. These include reducing the social security contribution requirement for non-local residents purchasing property within the Outer Ring Road from three years to one year, and allowing non-local residents who have paid social security for three years to purchase a second property within the Outer Ring Road. Non-local residents holding a residence permit for five years can now purchase one property across the entire city. In terms of credit, the cap on housing provident fund loans has been increased from RMB 1.6 million (same below) to RMB 2.4 million, with loans of up to RMB 3.24 million available for purchases of green housing or for families with multiple children. Additionally, the criteria for recognizing first-home buyers in provident fund loans have been optimized, and adult children who own

AASTOCKSFeb 26 10:28