The Zhitong Finance App learned that Citibank released a research report saying that at present, supply and demand in core cities in the mainland are becoming healthier. Driven by continued strong market transactions, domestic housing stock sales growth is expected to accelerate in September. Recently, the authorities revised the “Housing Provident Fund Management Regulations” to expand the use of withdrawals to housing decoration, property management fees, etc., which is beneficial to the property management industry's fee collection and value-added service business development. The bank believes that a number of developers will launch more new listings in September, or drive the domestic housing sector to usher in an upward trend from August to October. Preferred stocks include China Overseas Development (00688), C&D International Group (01908), China Resources Land (01109), Seashell-W (02423), and China Jinmao (00817).

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