The Zhitong Finance App learned that as of press release, Jinhui Holdings (09993) rose 4.31% to HK$1.09; Sunac China (01918) rose 2.36% to HK$0.65; China Overseas Hongyang Group (00081) rose 2.08% to HK$2.95; and Vanke Enterprise (02202) rose 1.19% to HK$2.555.

According to the news, according to CCTV news reports, Li Qiang presided over an executive meeting of the State Council on September 28. The conference pointed out that a number of pragmatic and effective incremental policies will be introduced, fiscal expenditure arrangements will be optimized, local government debt balance limits will be used comprehensively and adjusted in a timely manner, monetary policy tools will be comprehensively applied and adjusted in due course, increasing reloan amounts for scientific and technological innovation and technological transformation, agricultural support, etc., and studying and introducing policies and measures to stabilize the real estate market and promote employment income growth.

Huayuan Securities released a research report stating that with the implementation of the “828” new property market policy, the closed-loop establishment of the sales and financing system may accelerate the shift from large-scale expansion to quality competition. Positive signals such as inventory removal, rent stabilization, and supply and demand improvements in core cities are gradually becoming clear. China's real estate market is bottoming out, and core cities are expected to take the lead in steady recovery.