On Friday, KE Holdings Inc. (BEKE.US) opened sharply higher, climbing more than 5.5% at the time of writing. The stock has been on a steady upward trajectory since July, accumulating gains of over 26%.

In terms of market catalysts, China's property sector has received a wave of significant policy support. Key measures include the "Opinions on Reforming and Improving Real Estate Credit Management to Accelerate the Construction of a New Model for Real Estate Development," the "Trial Measures for the Administration of Individual Housing Loans," the "Trial Measures for the Administration of Urban Renewal Project Loans," and the "Trial Measures for the Administration of Commercial Housing Development Loans." These policies primarily target credit, sales, and financing aspects of the industry.