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10月底央行的突然加息给房地产行业带来了极大的冲击。尽管业内人士普遍认为,小幅加息对房地产股的影响相对有限,但加息以来的近三个交易周内,基金所重仓持有的质地最好的三只房地产股万科、招商地产等全部跑输大盘。房地产相关个股的疲弱走势已将加息所带来的负面冲击逐一体现。那么在整个行业所面临的调整压力来临之际,房地产开发企业的抗风险能力则成为我们目前所关注的重点所在。在某种意义上,谁能熬过这一轮的调整,谁就将有机会笑到最后。那么从房地产企业抗风险能力来看,无外乎两个主要的方面:财务状况和项目分布情况。通过统计今年三季度各房地产上市公司各长短期借款来看,此次加息对房地产类上市公司所带来的直接影响一般不大。但值得留意的是,由于目前房地产开发公
The sudden interest rate increase by the central bank at the end of October brought a great impact on the real estate industry. Although the industry generally believe that a slight interest rate hike on real estate stocks is relatively limited, but the rate hike since the last three trading week, the fund holdings of the best texture of the three real estate stocks Vanke, China Merchants Property all run Lose the broader market. The weak trend of real estate-related stocks have reflected the negative impact of the rate hike. So in the face of the entire industry when the adjustment pressure is approaching, the real estate development enterprise’s ability to resist risks has become our current focus. In a sense, who will survive this round of adjustment, who will have the last laugh. So from the real estate business anti-risk ability point of view, nothing less than two main aspects: financial status and project distribution. Statistics by the third quarter of each real estate listed companies of the short and long term loans point of view, the rate hike of real estate listed companies brought by the direct impact is generally not large. However, it is worth noting that due to the current real estate development public