Chengdu imposed control over secondary home price
• Chengdu has introduced indicative secondary home prices for 201 residential projects in the city, and demands
immediate removal of all secondary houses for sale with asking prices exceeding guidance
• YTD average weekly GFA sold for 28 cities we track rose 16.2% as compared to 2020’s full-year weekly average
• Southbound shareholding interests moderated to 5.98%
• Sector top picks: CR Land (1109 HK), Vanke (2202 HK) and Logan (3380 HK)