SHLG(SH:600848) 券商中国·2026-01-15 06:57Core Insights - The article discusses the progress of special bond issuance for the acquisition of idle land in China, with significant amounts being allocated across various provinces and cities [1][2][4]. Group 1: Special Bond Issuance - In 2025, over 5,500 instances of proposed special bond usage for acquiring idle land were reported, with a total land value exceeding 750 billion yuan [1]. - More than 300 billion yuan in special bonds have been issued by various provinces, accounting for approximately 40% of the total planned acquisition scale [1]. - Guangdong leads with 48.6 billion yuan issued, followed by Hunan with 38.9 billion yuan, and Jiangxi and Chongqing around 30 billion yuan each [1]. Group 2: Regional Insights - Among 31 provinces, 26 have announced plans for special bond usage to acquire idle land, with Zhejiang and Guangdong at the forefront, each exceeding 90 billion yuan in proposed acquisition amounts [2]. - Chongqing has the highest proposed acquisition amount at nearly 70 billion yuan, covering an area of about 21 million square meters [2]. - First and second-tier cities have collectively proposed around 1,250 instances of land acquisition, with a total value exceeding 270 billion yuan, representing 36% of the total [2]. Group 3: Land Use Types - Residential land constitutes the majority of the proposed acquisitions, accounting for approximately 66% of the total number of parcels, while commercial and industrial land make up about 24% and 6%, respectively [3]. Group 4: Future Expectations - Industry experts anticipate that more cities will continue to promote the acquisition of idle land in 2026, aiming to accelerate inventory reduction and improve market expectations and supply-demand relationships in the real estate market [4].