Jin Rong Jie·2025-08-11 03:09Group 1 - Beijing Beichen Industrial Co., Ltd. (00588) experienced a significant intraday surge, rising over 20% before settling at a 16.09% increase, priced at 1.01 HKD with a trading volume of 69.8964 million HKD [1] - The surge is attributed to a new policy issued by the Beijing Municipal Housing and Urban-Rural Development Commission and the Beijing Housing Provident Fund Management Center, which will take effect on August 9, 2025, allowing eligible families to purchase an unlimited number of homes outside the Fifth Ring Road in Beijing [1] - The policy adjustment includes changes to the housing provident fund regulations, impacting the real estate market dynamics in Beijing [1] Group 2 - Beichen Industrial's main business activities encompass real estate development, exhibition (including hotels), and commercial properties, with a focus on regional deepening and expansion into new cities in recent years [1]