Two sets of loans to tighten the housing unit or will step into the consolidation of the big line recently quietly reduce

The mainland expanded the second house mortgage measures, finally from Hangzhou, Beijing extended to Guangzhou, Shenzhen.　　It is said that the broad and deep branches of the Bank have been forwarded to the Banking Regulatory Commission on the further strengthening of mortgage risk management notice, two sets of mortgages must be strictly enforced down payment 40% and interest rate floating regulations. However, the news did not continue to depress the stock market of the internal housing stocks: After days of selling, the plate yesterday showed a clear rebound, in addition to the garden (02007.HK) fell 3.14%, other major shares such as China Overseas (00688.HK), Huarun Land (01109.HK),　　Shimao Real Estate (00813.HK), Agile (03383.HK) and other increases were more than 4%. Mortgage tightening or only for a first-tier city since the banks in Hangzhou have taken the lead in tightening the second mortgage, Beijing's banks are also expected to implement similar measures, and yesterday industry insiders confirmed that Guangzhou and Shenzhen will follow suit in Hangzhou and Beijing.　　Many people in the industry generally believe that the property market has been overheating since this year, the central government through the regional banks to tighten the second suite of money, is to prevent a real estate bubble, targeted at the property market is only the first-tier city. DBS only believes that the aim of tightening up the second mortgage is to normalize the overheated property market, but believes the government will continue to support the real estate industry in the short term, and therefore judged the effect of tightening the second house lending moderate.　　Other first-tier cities are expected to follow suit, but second-tier cities may not follow. He Zhizhong, vice president of the International Research Division of the Bank, also expressed the same opinion.　　He said that the performance of the property market affects economic development, and I believe the government will hold a "neutral" attitude towards the property market under the target of "protecting eight" this year. In fact, as early as the end of 2007, to curb the rise in real estate prices, the mainland introduced measures to tighten the second mortgage, that is, the first phase of the minimum payment of property prices 40%, mortgage interest in the benchmark interest rate increased by 10%, but in 2008 due to the impact of the financial tsunami, management also relaxed policy, so that the second House mortgage and the　　That is, the downpayment is at least 20% and the mortgage interest rate is 70 percent to 85 percent. Big line quietly reduce the internal housing stocks yesterday, the housing stock plate was not widely, deep tightening second house mortgage news of the crackdown, but there has been a general rebound. In addition to the country garden fell 3.14%, the other major shares increased significantly: leading shares of China's overseas rise 4.6%, recently by the Citigroup and the bank's bullish international resources Land rose 6.28%, Shimao real estate rose 4.61%, Accor Lok + 4.16%.　　In addition, Ocean Real Estate (03377.HK) rose 3.375%, decimating real estate (02777.HK) rose 3.14%. However, according to the SEHK, J.P. Morgan, on July 7, reduced the Yuexiu investment (00123.HK) by HK $1.69 per share, and on July 8, on the pitch, the average price of HK $3.573 and the average price of HK $2.518 per share were reduced.Shenzhen Holdings (00604)　　HK) 17.158 million shares, with its holdings reduced from 5.02% to 4.49%. The securities sector is generally convinced that the housing Unit will enter the consolidation phase in the short term. BOC International also said that in view of the second suite of loans Strictly and the next 1-2 months of traditional off-season sales forecast, the housing sector will usher in adjustment. A report by the Comprehensive Research Department of the Institute for Easy Housing said that the economy is still not fully recovered and property policies may be fine-tuned in the third quarter, but the chances of a sharp tightening are low. However, Zhihihe, head of the Capital Research Department, estimates that the market trend this year, after the July and August consolidation, I believe that September sales will regain the rail, the housing unit will also rise.