来源：上海有色网 金属市场： 截至日间收盘，内盘基本金属普跌，仅沪铝唯一上涨，涨幅达1.42%。沪镍以2.67%的跌幅领跌，其余 金属跌幅均在1%以内。氧化铝主连跌1.35%，铸造铝主连涨0.72%。 此外，碳酸锂主连涨0.01%，工业硅主连跌0.17%，多晶硅主连继续下挫，跌8.11%。欧线集运主连涨 0.3%报1729.8。 黑色系方面多飘绿，不锈钢涨0.25%，螺纹、热卷一同跌超1%，螺纹跌1.1%，热卷跌1.02%。双焦方 面，焦煤跌0.71%，焦炭跌1.83%。 外盘方面，截至15：03分，外盘基本金属集体上涨，伦锡涨1.84%，伦镍涨1.72%，伦铜涨1.17%，伦铝 涨1.16%。其余金属涨幅均在1%以内。 贵金属方面，截至15:03分，COMEX黄金涨0.53%，COMEX白银涨2.69%。国内方面，沪金涨0.68%， 沪银跌0.9%。 此外，铂主连涨1.11%，钯主连涨6.01%。 | 初始 代码 | | 名称 | ●求 | 腰折 | 沃幅% | 涨跌 | 总量 | 现量 | 买入价 | 美出价 | | --- | --- | --- | --- | --- | --- | --- | -- ...

多位全国性银行业务部门负责人向智通财经记者证实，本周监管部门对房地产融资协调机制下发了最新 的政策指导。其核心在于，对已经进入融资协调机制"白名单"的项目，符合一定条件和标准的，可在原 贷款银行进行展期。受访银行人士表示，这实际意味着相关贷款可以展期5年。 "以往进入白名单的项目也能展期，但根据流动资金贷款管理办法，原贷款最长期限是5年，展期只能是 原贷款期限的一半，也就是最长两年半，到期之后不能再展。新政策等于进一步给了一个缓冲，覆盖面 不小，这个对贷款占比较多的房地产客户比较利好，对债券融资占比多的客户影响则相对有限。"一位 受访人士表示。 多位受访银行人士表示，这一调整与此前一系列会议精神形成呼应。 据住房和城乡建设部去年10月11日披露的数据，城市房地产融资协调机制"白名单"项目贷款审批金额已 超7万亿元，有力保障了商品住房项目建设交付。 去年12月10日至11日在北京举行的中央经济工作会议对今年的房地产工作作出明确部署，要求"着力稳 定房地产市场"。 去年12月12日，金融监管总局党委召开会议，传达学习中央经济工作会议精神，结合全国金融系统工作 会议部署要求。会议指出，支持稳定房地产市场，进一步发挥 ...

其核心在于，对已经进入融资协调机制"白名单"的项目，符合一定条件和标准的，可在原贷款银行进行 展期。受访银行人士表示，这实际意味着相关贷款可展期5年。而在此前，此类贷款的展期只能是原贷 款期限的一半，也就是最长两年半，到期之后不能再展。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 观点网讯：1月9日，据媒体报道，从多位全国性银行人士处获悉，本周监管部门对房地产融资协调机制 下发了最新的政策指导。 ...

去年12月10日至11日在北京举行的中央经济工作会议对今年的房地产工作作出明确部署，要求"着力稳定房地产市场"。 去年12月12日，金融监管总局党委召开会议，传达学习中央经济工作会议精神，结合全国金融系统工作会议部署要求。会议指出，支持稳 定房地产市场，进一步发挥城市房地产融资协调机制作用，助力构建房地产发展新模式。 去年12月22日至23日，全国住房城乡建设工作会议在京举行，指出要着力稳定房地产市场。会议明确指出，进一步发挥房地产项目"白名 单"制度作用，支持房地产企业合理融资需求。 多位全国性银行业务部门负责人向财联社记者证实， 本周监管部门对房地产融资协调机制下发了最新的政策指导。其核心在于，对已经进 入融资协调机制"白名单"的项目，符合一定条件和标准的，可在原贷款银行进行展期。受访银行人士表示，这实际意味着相关贷款可以展期 5年。 "以往进入白名单的项目也能展期，但根据流动资金贷款管理办法，原贷款最长期限是5年，展期只能是原贷款期限的一半，也就是最长两年 半，到期之后不能再展。新政策等于进一步给了一个缓冲，覆盖面不小，这个对贷款占比较多的房地产客户比较利好，对债券融资占比多的 客户影响则相对有限。"一 ...

研究中心专题卡介绍 研究专题卡是克而瑞研究中心推出的一套系统化的房地产企业情报定制方案，旨在用专业的行业知识与精湛的 行业预判为房企预测走势、预警风险、提供借鉴。 每年为企业提供『宏观研究、市场研究、企业管控、项目借鉴、营销案例、产品案例、运营模式、企业深度、 企业融资及盈利模式』十大类、五十个专题的选择。 产品类型 服务形式 企业可根据自身需求从专题列表中选择适合专题打包组成定制专题卡，但全年累积不得超过会员自身等级规定数量。 2025年新增专题 点击 红色标题 阅读缩略版 专题 | 2025公募REITs发展现状与趋势 中国公募REITs进入新时代，或将助力房企完成战略转型。 专题 | 住宅产品会所与架空层核心功能研究 2025年中期5 0家典型上市房企的现金持有量为11867亿元，较期初减少了9. 4 9%。 专题 | 2025年上半年房企盈利能力报告——毛利率修复至10.87%，净利润维持亏损 未来，优秀的会所设计将更加注重与社区业主的适配性，不止提供丰富的场景，更将通过持续的功能创新与场 景深化，以有温度的内容运营真正触动业主。 专题 | 沪杭京等5城土地成交占四成，能否破解新房供给约束魔咒？ 沪杭 ...

Core Insights - The real estate financing coordination mechanism established in early 2024 has made significant progress, with the "white list" project loan approval amount exceeding 7 trillion yuan, effectively supporting the construction and delivery of residential projects [1][2][3] Group 1: Financing Mechanism Progress - As of the end of 2024, the loan amount for "white list" projects reached 5.03 trillion yuan, surpassing the expected target of 4 trillion yuan [2] - By January 22, 2024, the loan amount increased by 570 billion yuan, reaching 5.6 trillion yuan [2] - By March 5, 2024, the approved loans exceeded 6 trillion yuan, covering over 15 million housing units [2] - As of September 22, 2024, the loan amount for "white list" projects surpassed 7 trillion yuan, supporting nearly 20 million housing units [2] Group 2: Delivery and Quality Improvement - The pace of housing delivery has become more stable compared to the same period last year, with significant improvements in delivery quality and homeowner satisfaction [1][4] - The delivery of over 7.5 million sold but undelivered housing units has been achieved, effectively safeguarding the legal rights of homebuyers [3][4] Group 3: Government and Policy Support - The Ministry of Housing and Urban-Rural Development has established a three-tiered working group to ensure accountability among local governments, real estate companies, and financial institutions [3] - Local governments have implemented strict pre-sale fund supervision regulations to ensure the safety of funds and prevent misuse [6] - A government-led relief fund has been established to provide bridge financing for projects facing funding shortages [6] Group 4: Industry Transformation and Economic Impact - The real estate sector is transitioning from high-leverage expansion to high-quality development, promoting the establishment of long-term mechanisms such as improved pre-sale systems and expanded pilot programs for selling completed homes [7] - The recovery of the real estate market is expected to positively impact related industries such as construction materials, services, and property management, fostering coordinated development with the national economy [7]

Core Points - The Chinese government is focusing on high-quality development in housing and urban construction during the 14th Five-Year Plan period, emphasizing the importance of a coordinated financing mechanism for real estate projects [1][3] - The implementation of a project whitelist system has led to over 7 trillion yuan in loan approvals for these projects, ensuring the delivery of commercial housing [1] - The Ministry of Housing and Urban-Rural Development is promoting the sale of existing homes to mitigate delivery risks and is regulating pre-sale fund supervision to protect buyers' rights [1] - The financing coordination mechanism is set to expand its coverage to ensure compliance and support for various real estate projects [3] - Local governments, such as in Qingdao, are actively enhancing financing support for real estate projects, aiming for a total credit of 200 billion yuan and actual funds of 150 billion yuan [3] - Continuous monitoring and regulatory cooperation are recommended to ensure project progress and financial compliance [4] Group 1 - The Ministry of Housing and Urban-Rural Development reported significant achievements in high-quality development of housing and urban construction [1] - The project whitelist system has been effective in securing financing for commercial housing projects, with loan approvals exceeding 7 trillion yuan [1] - The focus on existing home sales aims to fundamentally reduce delivery risks and protect buyers' rights through regulated pre-sale fund management [1] Group 2 - The financing coordination mechanism is being expanded to include more compliant real estate projects, ensuring that all eligible projects receive necessary funding [3] - Local initiatives, such as those in Qingdao, are designed to enhance financing support, with specific targets for credit and funding amounts [3] - Recommendations for improved post-loan supervision of whitelist projects emphasize the need for collaboration between housing and financial regulatory bodies [4]

Core Viewpoint - The Ministry of Housing and Urban-Rural Development has implemented a project whitelist system for real estate financing, which is expected to enhance the construction and delivery of commercial housing projects across the country [1] Group 1 - The real estate financing coordination mechanism is being executed at the city level [1] - The total amount of loans approved for projects on the whitelist has exceeded 7 trillion yuan [1] - This initiative is aimed at effectively ensuring the construction and delivery of commercial housing projects [1]

Core Viewpoint - The Ministry of Housing and Urban-Rural Development has implemented a project whitelist system for real estate financing, which is expected to enhance the construction and delivery of commercial housing projects [1] Group 1: Financing Mechanism - A real estate financing coordination mechanism is being implemented at the city level [1] - The project whitelist system aims to streamline the approval process for loans related to housing projects [1] Group 2: Loan Approval - The total amount of loans approved for projects on the whitelist has exceeded 7 trillion yuan [1] - This significant approval amount is intended to effectively support the construction and delivery of commercial housing projects [1]

Group 1 - The core viewpoint of the news is the significant achievements in the financial sector during the "14th Five-Year Plan" period, particularly the establishment of the urban real estate financing coordination mechanism, which has been crucial in mitigating real estate risks [1][2] - The financing coordination mechanism has issued loans exceeding 7 trillion yuan, supporting nearly 20 million housing units for construction and delivery, thereby safeguarding the legitimate rights and interests of homebuyers [1][2] - The financial regulatory authorities plan to continue expanding the coverage of the "white list" to allow more real estate projects to receive financing support, indicating a proactive approach to address financing challenges in the real estate sector [2] Group 2 - The People's Bank of China has implemented various measures to stabilize the real estate market, including optimizing down payment ratios and mortgage rates, which have effectively reduced the financial burden on homebuyers [3] - The reduction in existing mortgage rates is expected to save over 300 billion yuan in interest payments annually for more than 50 million households [3] - Financial support for the "three major projects," including affordable housing, has exceeded 1.6 trillion yuan, with rental housing loans growing at an average rate of 52% [4] Group 3 - The number of financing platforms has decreased by over 60% since March 2023, and the scale of financial debt has dropped by more than 50%, indicating a significant reduction in debt risk levels for local government financing platforms [4] - China's foreign exchange reserves have remained stable above 3 trillion USD, playing a crucial role as a stabilizer for the national economy and financial system [4] - The combination of policies, funding, and expectations has effectively mitigated risks in key areas such as real estate and local financing platforms, while ensuring that financial resources continue to support the real economy [4]