Metro Investment Development Co Ltd

Shanghai has introduced eight measures for the property market, triggering a sharp afternoon rally in the real estate sector, with Shanghai Urban Investment Holdings quickly hitting the daily limit up. Six departments including the Shanghai Municipal Commission of Housing and Urban-Rural Development and Management jointly issued the Notice on Optimising the City's Real Estate Policy Measures, effective from 21 August 2026. The measures cover five areas and eight specific policies, including optimising housing provident fund withdrawals, improving personal housing credit, implementing trade-in purchase subsidies, promoting housing voucher resettlement, and advancing the acquisition of second-hand homes. Boosted by the news, Beijing Infrastructure Investment and Development briefly touched the daily limit up, while Fuxing Shares, Rongan Real Estate, and Yatong Co. also rose.

Beijing's housing policy has been further relaxed, sending Metro Land Corporation limit-up at the open. Three authorities including the Beijing Municipal Commission of Housing and Urban-Rural Development jointly issued a notice, reducing the social insurance or individual income tax payment period required for non-Beijing-resident families to purchase commercial housing within the Fifth Ring Road from two years to one year. As the sole platform for market-oriented secondary real estate development under Beijing Infrastructure Investment, Metro Land was once a pioneer in China's transit-oriented development property sector, developing nearly 20 projects in Beijing with a total scale exceeding 5 million square meters. In the second quarter of 2026, the company's contracted sales area reached 43,400 square meters, up 75 percent year-on-year, but contracted sales revenue of 1.005 billion yuan grew only 3.82 percent. Cumulative contracted sales revenue in the first half of the year was 1.369 billion yuan, down 28.55 percent year-on-year.