Wolong New Energy Group(SH:600173) Jin Rong Jie·2025-09-08 02:50Group 1 - A-shares and Hong Kong real estate stocks showed significant movements, with several stocks reaching their daily limit up, including Fuxing Co. and Wolong New Energy, while others like Shikang Co. and Vanke A also saw notable gains [1][2] - The Shenzhen municipal government and the People's Bank of China announced new real estate policies on September 5, which include relaxing purchase restrictions and adjusting mortgage rates, marking Shenzhen as the third first-tier city to implement such measures [2][3] - The market response to the new policies was positive, with increased viewing appointments and faster signing speeds reported by real estate agents, indicating a potential recovery in the housing market [3][4] Group 2 - The new policies in Shenzhen are considered more aggressive than those previously implemented in Beijing and Shanghai, primarily due to the deeper adjustments in Shenzhen's housing market and the ongoing decline in second-hand housing prices since May 2021 [3][4] - Following the new policies, there was a notable increase in transaction volumes in Beijing and Shanghai, suggesting that similar effects may be expected in Shenzhen, although the long-term impact will require further monitoring [4] - The overall improvement in real estate sales is contingent upon effective policies that enhance supply-demand structures, such as stock housing acquisition and urban village renovations [4]