The Zhitong Finance App learned that domestic housing stocks had the highest gains. As of press release, Shimao Group (00813) rose 10.77% to HK$0.072; Xuhui Holding Group (00884) rose 8.57% to HK$0.038; Agile Group (03383) rose 7.55% to HK$0.171; and China Overseas Development (00688) rose 5.05% to HK$13.72.
According to the news, monitoring by the Central Plains Real Estate Research Institute shows that the number of new home subscriptions in 50 key cities across the country during the National Day holiday increased by more than 15% compared to the same period last year. Zhang Dawei, chief analyst at Central Plains Real Estate, pointed out that this round of the National Day holiday coincides with the implementation of the first housing commercial loan interest rate discount policy on October 1. Combined with a package of policies such as 828 housing sales system reform, local provident fund optimization, and personal tax rebates for old and new sales, it forms the strongest policy combination in this round of “gold, nine, silver, ten”.
It is worth noting that a number of housing enterprises have recently announced the progress of debt restructuring. Green View China Real Estate signed a restructuring support agreement, and the hearing of the winding-up petition was adjourned until April 6, 2027; Agile plans to resolve all types of overseas financial debts totaling about US$5.183 billion through the sale of about 64.6% of the shares after the restructuring; Shimao Group recently received a winding-up petition from a third party with the Hong Kong High Court, and the company said it would oppose it.