On August 11, RADIANCE HLDGS declined 9.13% in regular trading to HK$1.19/share, with turnover of HK$413 million. The pullback came one day after the stock surged over 50% on August 10, driven by Beijing's latest housing policy easing measures including shortened social security requirements for non-local buyers and increased housing provident fund loan limits.

The broader real estate development sector was under pressure, with Sunac down 4.96%, Country Garden down 4.64%, and CK Asset down 1.15%, while China Resources Land remained flat and China Overseas edged up 0.23%. CITIC Securities had noted that Beijing's new policies were expected to help stabilize genuine demand starting from the lower price segment, though sustainability of the recovery remains in question.

The company continues to face fundamental headwinds, including an ongoing debt restructuring plan disclosed on July 31, an auditor qualification issue on its annual report, and a first-quarter attributable net loss. Full-year revenue declined approximately 42.7% year-over-year to RMB14.19 billion, with total debt standing at approximately RMB23.47 billion.

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