Developer or reduced deposit reserve ratio has continued to increase the space

The main purpose of the increase in reserve requirement ratio is to recycle liquidity, increase by 0.5%, probably shrink the credit of 300 billion yuan scale.　　At the moment, there is still room for the reserve requirement ratio to continue to rise, and the market can support two of the 0.5% per cent increase. The central bank announced the day before yesterday that, starting from May 10, raised deposit-type financial institutions RMB deposit reserve ratio of 0.5%, rural credit cooperatives, village and township banks do not raise, this is the third time this year, the central bank raised deposit reserve ratio.　　Industry insiders said that there is still room for reserve requirements, which has begun to turn to the property market, can be said to be "worse." Li Thunderbolt, chief economist at the Guotai Institute, said the main purpose of the increase in reserve requirements was to recycle liquidity, raise 0.5%, and presumably shrink the credit of 300 billion yuan. In addition, the central bank has been in the open market for 10 consecutive weeks to achieve net return, the cumulative net withdrawal of funds has reached 1.1 trillion yuan.　　At the moment, there is still room for the reserve requirement ratio to continue to rise, and the market can support two of the 0.5% per cent increase.　　Han Shitong, a real estate expert, said the size of the loan would shrink as the reserve ratio was higher.　　There is a point of view, once the bank closed the faucet, real estate sales to reduce funds, developers have to lower prices in advance to sell the house in order to withdraw funds. A large group marketing director said that last year, the major developers sales are very good, the funds are very abundant, the central bank to raise the reserve ratio, short-term impact on developers little. He is also worried that the central bank has repeatedly raised the reserve requirements of the pace of interest rate hike is not far, and raise rates will directly increase the cost of home buyers, the impact will be far greater than the increase in reserve requirements ratio. Bcc)