Analyst: Raising reserve requirement ratio has limited influence on real estate market

On the evening of November 19, the People's Bank of China decided to raise the reserve requirement for deposit-taking financial institutions by 0.5% per cent from November 29.　　In this regard, the real estate industry analysts said to Sina Finance, the action is aimed at the whole liquidity measures, the real estate market has limited impact.　　Su Xiejing, an analyst at the Changjiang Securities real estate industry, said the increase in reserve requirements was not specifically directed at the real estate market, but in the face of overall liquidity, the current real estate industry in the cash situation is good, will not be affected too much. Another real estate analyst also said to Sina finance, the increase in reserve requirement ratio has no direct impact on the real estate market, monetary policy is to tighten liquidity, is a systemic problem, for the breakdown of the industry has little impact. (Super Yan from Beijing)