太平洋房地产日报（20250529）：合肥继续实施购房补贴政策

Investment Rating - The industry rating is optimistic, expecting overall returns to exceed the CSI 300 index by more than 5% in the next six months [11]. Core Insights - The report highlights that the real estate market is experiencing a positive trend, with the Shanghai Composite Index and Shenzhen Composite Index rising by 0.70% and 1.40% respectively on May 29, 2025, and the Shenwan Real Estate Index increasing by 0.96% [4]. - The report notes that Hefei will continue its housing subsidy policy until May 14, 2026, which aims to support new home purchases [7]. - A significant land acquisition occurred in Hangzhou, where Greentown secured a residential land parcel for 1.374 billion yuan, with a premium rate of 40.33% [6]. Summary by Sections Market Performance - On May 29, 2025, the equity market saw most sectors rise, with the Shenwan Real Estate Index increasing by 0.96% [4]. Individual Stock Performance - The top five gainers in the real estate sector included Xinda Zheng (10.00%), Guangyu Group (5.36%), Nandu Property (5.18%), China Communications Real Estate (5.05%), and Sunshine Shares (3.85%). Conversely, the largest decliners were Nanguo Real Estate (-5.02%), Yuehongyuan A (-1.89%), China International Trade (-1.64%), Shen Zhenye A (-1.13%), and China Merchants Jiyu (-1.10%) [5]. Industry News - The report mentions that Shanghai Real Estate plans to issue asset-backed securities (ABS) totaling 2.801 billion yuan, which has received feedback from the Shanghai Stock Exchange [7]. - The report also discusses the ongoing land sales and acquisitions, emphasizing the competitive nature of the market [6].