Mainland property developers listed in Hong Kong experienced strong gains during trading sessions. As of press time, SINO-OCEAN GP (03377) surged 13.07% to HK$0.173; COUNTRY GARDEN (02007) rose 4.84% to HK$0.65; CHINA JINMAO (00817) climbed 3.27% to HK$1.58; and SUNAC (01918) advanced 2.91% to HK$1.77.

On the policy front, Shenzhen introduced new property market measures on September 5, adjusting both home purchase restrictions and housing credit policies. CITIC Securities noted that the latest property policies significantly relaxed purchase restrictions in non-core areas, while commercial lending rates no longer differentiate between first and second homes. Comparing the extent of purchase restriction relaxation, Shenzhen's new policies are more aggressive than those implemented by Beijing and Shanghai in August. Based on market performance following Beijing and Shanghai's policy changes, these new measures are expected to provide support for both transaction volume and prices in Shenzhen's property market.

Kaiyuan Securities believes that under various policies aimed at stabilizing the real estate market and preventing further declines, China's property market has been moving toward stabilization throughout this year. During this stabilization process, property prices may still experience minor fluctuations, with expectations that the real estate market will achieve greater stability under continued policy support. Under more proactive fiscal policies and moderately accommodative monetary policies, existing inventory acquisition and urban village renovation projects are expected to accelerate, improving current housing supply-demand dynamics and expediting the market stabilization process.