Xiamen housing authorities announced that it convened a symposium with real estate companies yesterday afternoon (9th). Persons in charge of 13 Xiamen's real estate companies, including CHINA VANKE (02202.HK)  -0.050 (-0.973%)    Short selling $15.52M; Ratio 11.750%   , LONGFOR GROUP (00960.HK)  -0.060 (-0.602%)    Short selling $73.99M; Ratio 43.048%   , CHINA SCE GROUP (01966.HK)  +0.002 (+1.333%)   , POLY PROPERTY (00119.HK)  0.000 (0.000%)    Short selling $656.20K; Ratio 12.653%   and CHINA RES LAND (01109.HK)  +0.250 (+1.126%)    Short selling $117.86M; Ratio 43.326%   , were invited to join the event.

At the meeting, the persons in charge of those companies introduced one by one the development and operation situation of the companies and related projects, and jointly examined the market situation. They shared that the demand for commodity housing in the city has remained stable year to date.

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During the seminar, they actively suggested that the current real estate market is in a relatively strong wait-and-see mode with insufficient confidence, hoping that the government departments would continue to optimize their policies and measures in terms of land supply, pre-sale conditions, financial support, and the issuance of real estate notes in order to further promote the stable and healthy development of the real estate market.
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