On September 30, CHINA VANKE fell 6.05% in regular trading, trading at HKD 2.555/share, with turnover of HKD 36.77 million. The decline comes after the stock surged over 8% in the prior session, when the State Council executive meeting announced plans to roll out a batch of pragmatic incremental policies, including measures to stabilize the real estate market and promote employment and income growth.

The broader real estate development sector saw widespread selling pressure on September 30, with GREENTOWN CHINA down 7.24%, SUNAC down 6.52%, CHINA OVERSEAS down 5.01%, and CHINA RES LAND down 3.68%. The pullback followed a sharp sector-wide rally driven by the State Council's policy signals, which included optimizing fiscal expenditure arrangements, utilizing local government debt quota balances, and flexibly adjusting monetary policy tools. Institutions had noted that core cities still have significant room for easing restrictive policies, potentially accelerating the stabilization of the housing market. However, CHINA VANKE's fundamentals remain under pressure, with first-half revenue declining 33.4% year-over-year to RMB 70.17 billion and a net loss of RMB 14.95 billion, while total guarantee liabilities stood at RMB 93.64 billion as of August.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)