苏州发布公积金新政，券商维持房地产行业“买入”评级

Group 1 - The core viewpoint of the news is the recent adjustments in housing policies in Suzhou and Beijing aimed at stabilizing the real estate market, particularly in response to declining market transactions [1][4] - Suzhou's new policy includes a minimum down payment ratio of 15% for purchasing the first or second self-occupied housing and allows the use of public housing funds for property fees [1] - Beijing's recent policy changes focus on optimizing the recognition standards for first-time homebuyers and increasing loan limits for second homes, reflecting a gradual relaxation of policies based on market performance [1] Group 2 - Xiangcai Securities maintains a "buy" rating for the real estate sector, suggesting investors focus on leading real estate companies with strong land acquisition capabilities and reasonable land reserves [4] - The report indicates that leading intermediary agencies are expected to benefit from the rising expectations of policy relaxation and an increase in the proportion of second-hand housing transactions, which may lead to valuation recovery [4]