China Vanke's stock surged 12.37% intraday, leading gains among Hong Kong-listed mainland property stocks.

The rally follows a new wave of housing policy measures introduced nationwide after the Politburo meeting emphasized efforts to stabilize the real estate market. Key cities including Shenzhen, Guangzhou, Tianjin, Wuhan, and Suzhou have promptly rolled out measures such as easing purchase restrictions, enhancing subsidies for trading old homes to buy new ones, increasing housing provident fund loan limits, and optimizing regulations to support the property market.