Stock Track | CHINA VANKE Soars 14.96% Intraday on New Urban Renewal Plan

Stock Track

05/29

CHINA VANKE's stock price soared 14.96% during intraday trading on Friday, reflecting a significant positive movement for the property developer.

The surge follows the State Council's release of the "15th Five-Year Plan for Urban Renewal" on May 28th. This policy outlines development goals and policies for the 2026-2030 period and is projected to drive a market capacity of 15 to 20 trillion yuan, signaling a new, institutionalized phase for the sector that is expected to profoundly impact the real estate market.

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