Galaxy Securities: Shanghai Introduces New Policy Again, Relaxing Housing Purchase Restrictions.

Galaxy Securities research report pointed out that Shanghai introduced the "Shanghai Seven Measures" after the Spring Festival; previously, Shanghai Pudong New Area, Jing'an District, and Xuhui District were the first to pilot the purchase of second-hand houses. The research report believes that residents' rigid and improved housing demand is expected to be further released, and the real estate market is expected to gradually achieve stable and healthy development. As the industry gradually enters the stage of high-quality development, industry valuation may see overall recovery, and leading real estate companies have the advantage of low financing costs and high market share in core areas, and are expected to achieve overall beta opportunities through valuation recovery.