太平洋房地产日报（20260203）：北京2026年首场土拍收金85.62亿元

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 [10]. Core Insights - The real estate sector is experiencing a positive market trend, with the Shanghai Composite Index and Shenzhen Composite Index rising by 1.29% and 2.35% respectively, while the Shenwan Real Estate Index increased by 1.90% [3]. - Beijing's first land auction of 2026 generated a total revenue of 8.562 billion yuan, with all plots sold at the base price [5]. - Fujian province is implementing various supportive measures to stabilize the real estate market, including housing subsidies for families with multiple children and other financial assistance [6]. Summary by Sections Market Performance - On February 3, 2026, the equity market saw most sectors rise, with the CSI 300 Index increasing by 1.18% and the CSI 500 by 3.11% [3]. Individual Stock Performance - The top five performing stocks in the real estate sector were Jingtou Development, Chengjian Development, Huaxia Happiness, Binjiang Group, and Rongfeng Holdings, with increases of 10.10%, 10.09%, 6.54%, 5.31%, and 4.98% respectively [4]. Industry News - The first land auction in Beijing for 2026 concluded with a total of 8.562 billion yuan, with notable purchases by Shougang Real Estate and China Iron and Steel Group [5]. - Fujian province has announced several measures to promote stability in the real estate market, including the implementation of housing subsidies and support for different levels of talent [6]. Company Announcements - Poly Development announced a bond buyback amounting to 940 million yuan, with a buyback period from January 26 to January 30, 2026 [8]. - Beijing Capital Development announced plans to apply for a revolving loan limit of 6 billion yuan from its controlling shareholder [8].