The policy measures of "guaranteeing the property" in many places are on the ground: buyers call "rest assured" practitioners hope to "expand"

8AUG

Recently, our reporter Chang Xueyu Yang Jie has recently issued a policy to promote the healthy and stable development of the real estate market, and financial institutions have also actively responded and actively actively. On the one hand, for the existing part, the regulatory authorities and governments of various localities have timely decomposed and implemented the requirements of the real estate market, and the financial asset management company (AMC) has also acted to increase the residential residential enterprise. On the other hand Pre -sale fund supervision to create a good market environment. At present, the policy measures in many places are sounding, and the buyers are "very assured"; practitioners in third- and fourth -tier cities are looking forward to further expanding the policy coverage. Experts interviewed by a reporter from the Securities Daily stated that AMC has rescued housing companies, indicating that all kinds of support work has entered a substantial stage. As the central level faces the "insurance delivery building" clearly, it is expected that related AMC and insurance enterprises cooperation will cooperate with the insurance enterprises. The situation will increase. At the same time, optimizing pre -sale funds is an important aspect of urban policies and compacting local government supervision responsibilities. It is expected that other areas will follow up in follow -up. AMC has accelerated the residential enterprises in recent times, from the central to the local area, and made clear instructions on the stable real estate market work. The Central Political Bureau meeting held on July 28 first mentioned the "insurance delivery building", emphasizing "compacting the responsibilities of local governments, keeping the property and stabilizing the people's livelihood"; At the local level, the Shanghai Banking Regulatory Bureau mentioned in the mid -2022 work promotion meeting held that "keep real estate financing steadily and orderly" and "support Shanghai to do a good job of" guaranteeing the property ". At the same time, the regulatory authorities issued a number of policies during the year, encouraging AMC to actively participate in key areas such as M & A and reorganization of housing companies, and the reform of small and medium -sized financial institutions in key areas. AMC's residential housing companies are accelerating. On August 5th, China Huarong released news that the company and Sunshine Group recently signed the "Breakfast Agreement Agreement" and held a strategic cooperation meeting of bailout. On July 19, Henan Assets and Zhengzhou Real Estate Group set up Zhengzhou Real Estate Reassered Fund to participate in the siege work of the mortar work of the real estate, resource integration, and reorganization consulting. Since the beginning of this year, four national AMCs including China Huarong, Great Wall Assets, Cinda Assets, and Oriental Assets have participated in the acquisition operations of insurance housing companies. On August 7, the reporter learned from the Great Wall assets that in the first half of this year, the company carried out multiple rounds of docking and project screening with 12 key housing companies through "total docking" and "total score linkage". In -depth research and judgment provided by the intention provided by the company. "Since March of this year, in the open projects of state -owned and local AMCs participating in real estate risk resolution, the scale of project relief funds that have disclosed the cooperation plan has been disclosed about 35 billion yuan." The reporter of the Daily said that from the current public case of bailout, the main method of AMC's main bailout is to set up a bailout fund or cooperation platform for joint industrial investors (usually for central enterprises or local state -owned enterprises). The advantages of mobilizing and integration will be used by industrial investors to play the advantages of development and operation. The director of the Shanghai Financial and Development Laboratory Zeng Gang told the Securities Daily that AMC, as a professional risk disposal agency, is more professional than other financial institutions in terms of risk disposal and resolution. It can use diversified means and integrated platforms. Provide effective support for insurance companies. In the future, AMC will make good progress and play an important role in helping housing companies and key projects. It is worth mentioning that the "Zhengzhou Real Estate Lift Fund Establishment Operation Plan" issued by Zhengzhou recently mentioned that the real estate bailout fund is based on the principle of "government guidance, multi -level participation, and market operation". The special fund is tentatively tentatively set to 10 billion yuan, and the mother -child fund is operated. "The establishment of the Zhengzhou bailout fund model has a guiding role." Yan Yuejin, research director of the Think Tank Center of the E -House Research Institute, told the reporter of the Securities Daily that such funds have a leveraged effect. The orientation of social funds, especially funds including asset management and commercial banks, will objectively enhance the strength of the funding solution, which is of positive significance for the rapid cracking of the "rotten tail building" in the third quarter. Ms. Li, Ms. Li, the 3rd marketing center of Zhongle Baihua Mansion, Xinyang City, Henan Province, told a reporter from the Securities Daily that "due to various measures 'measures' measures in many places, they have not been transmitted directly to Xinyang City." She looks forward to policy coverage Further expansion, "'The" Baojiao Building "various measures can prevent the" rotten tail building "risk from the source, but at present, only some provincial capital cities have issued relevant measures. How confidence is. "In many places to strengthen pre -sale funds supervision at the beginning of this year, the three departments of the Ministry of Housing and Urban -Rural Development, the Central Bank, and the CBRC jointly issued the" Opinions on Regulating the Pre -Sale of Commercial Houses "(hereinafter referred to as the" Opinions ") to strengthen the pre -sale funds Supervision. Subsequently, relevant rules were introduced in many places. CITIC Securities Chief Economist clearly told a reporter from the Securities Daily that in accordance with the details of the "Opinions", it includes how pre -sale funds determine the establishment of commercial banks, supervision accounts, how to determine the supervisory quota, how to use funds, and corporate violations of regulations. The embezzlement will be held accountable and clarified the respective and responsibilities of the three -party regulatory authorities.

The difference is: First, the approval method of the supervision quota is different. Some places are based on the proportion of the total pre -sale price. The setting method of the setting of the project node and the pre -sale fund supervision account balance of the corresponding node are different. In order to further observe the requirements of the supervision requirements, the reporter of the Securities Daily consulted the agent of a new real estate project (commercial house) in Jinshui District, Zhengzhou City as a buyer. The other party introduced, "The project is planned to be delivered at the end of 2024, and the time of delivery and the quality of the house are guaranteed." When the reporter said that there was a "bad tail" of the future house, the agent said that the regulatory requirements are now required that the real estate development enterprise pre -sale commercial housing has obtained the commercial houses obtained by the pre -sale commercial houses of real estate development enterprises. All income needs to be stored in the regulatory account. The purpose is to protect the rights of paying the house, prevent "bad tail", and protect the rights of home buyers. There are Zhengzhou buyers who feel the most intuitive feelings after the policy release. "Now there is no financial personnel in the real estate sales office. It also happened in Xinyang. Ms. Li introduced, "Since the pre -sale fund supervision policy is introduced in Henan region, all developers must issue detailed information such as the pre -sale certificate of commercial housing." In clearly, optimizing pre -sale funds supervision is due to urban policies and pressures. Important measures for local government supervision responsibilities are expected to follow up in other areas. Chen Wenjing, director of market research director of the Index Division of the Medium Finger Research Institute, said that development is the best way to solve problems. Real estate regulation and control policy still needs to continue to make efforts. The current real estate market is still in the stage of in -depth adjustment. Give local governments greater autonomy, reduce the threshold for house purchase, and reduce the cost of house purchase. For example, in second -tier cities to further optimize policies such as purchase restrictions, loans, and sales restrictions, promote the release of reasonable housing demand, and promote the steady and healthy development of the real estate market. Recommended reading

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Picture ｜ Production of Securities Daily Wei Jianzheng | Zhang Xin

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