Hong Kong Stock Alert | Property Stocks Surge in Afternoon Session as Cities Intensively Launch New Real Estate Policies, Analysts Recommend Monitoring Policy Implementation

Stock News
09/05

Property stocks gained momentum in afternoon trading. As of press time, Country Garden (02007) surged 6.74% to HK$0.475; Shimao Group (00813) climbed 5.08% to HK$0.31; R&F Properties (02777) advanced 4.29% to HK$0.73; Sunac (01918) rose 3.25% to HK$1.59.

On the news front, various regions have recently introduced policy measures to support the "Golden September, Silver October" sales window, consolidating the stabilization and recovery momentum of the real estate market. Since late August, cities including Shanghai, Suzhou, and Changchun have successively launched new property market policies, reducing home purchase costs and stimulating housing consumption potential through various means such as relaxing purchase restrictions, removing sales restrictions, and providing housing purchase subsidies.

According to a research report, considering that September marks the traditional marketing peak season, property developers are likely to accelerate their project launches and increase discount levels. Additionally, core tier-1 cities represented by Beijing and Shanghai have already introduced favorable policies such as relaxing purchase restrictions, with Shenzhen expected to follow suit accelerated pace. The report recommends monitoring September overseas interest rate cuts and domestic macroeconomic monetary policy developments, as well as the implementation of urban renewal and land acquisition policies.

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