太平洋房地产日报：天津调整公积金贷款政策

Investment Rating - The industry rating is "Positive," indicating that the overall return of the industry is expected to exceed the CSI 300 Index by more than 5% in the next six months [11]. Core Insights - The report highlights a significant adjustment in Tianjin's housing provident fund loan policy, increasing the maximum loan limits for first and second homes to 1.2 million and 1 million yuan respectively, with additional benefits for families with two or more children [6]. - Nanjing is promoting a new model for real estate development, integrating existing inventory into a "housing ticket supermarket" and enhancing the accessibility of housing provident fund withdrawals for rent payments [7]. - The overall market performance on January 26, 2026, showed a decline in most sectors, with the real estate index dropping by 2.23% [4]. Market Performance - The top five performing stocks in the real estate sector were Suzhou Gaoxin, Wolong Real Estate, Jingneng Real Estate, Guangming Real Estate, and Fenghuang Shares, with increases of 10.06%, 9.97%, 9.94%, 2.54%, and 1.88% respectively [5]. - Conversely, the stocks with the largest declines included Hualian Holdings, Shoukai Shares, Xinhua Lian, Wantong Development, and Urban Construction Development, with decreases of -10.01%, -6.91%, -5.82%, -5.62%, and -5.58% respectively [5]. Sub-industry Ratings - The report does not provide specific ratings for real estate development and real estate services, indicating "No Rating" for both categories [3].