ICBC Guangdong Branch Receives Over 100 Mortgage Interest-Subsidy Applications in First Three Days of Holiday

The early volume suggests the subsidy is reaching borrowers quickly, and that the incentive is pulling in demand across both new and second-hand segments rather than one slice of the market. For a single branch to log this in just three holiday days points to how much latent purchase intent the program can activate when it lowers the carrying cost. The open question is whether this pace reflects genuine new demand or simply borrowers timing applications around a subsidy they would have filed anyway, and whether other branches and provinces show the same response.