China's $14 Trillion Housing Stimulus: The Trade You Can't Ignore

Very Bullish · $BEKE

What Happened

Guangfa Real Estate released a note on the 929 national housing subsidy policy, calling it a super-expectation policy with a clear turning point for the property market.

Bottom Line

The 929 housing subsidy is a game-changer for China's property market, with significant upside for real estate and consumer stocks.

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