Bei Ke Cai Jing·2025-09-09 13:52Group 1 - The core viewpoint of the articles indicates a significant rise in the stock prices of Chinese real estate companies, driven by new policies aimed at stimulating the housing market in major cities like Shenzhen, Beijing, and Shanghai [1][2] - Country Garden's stock increased by 27.45% to HKD 0.65 per share, while Shimao Group rose by 27.87% to HKD 0.39 per share, and R&F Properties saw an 8.7% increase to HKD 0.75 per share [1] - Property management stocks also experienced gains, with China Resources Mixc Lifestyle rising by 6.09% to HKD 42.24 per share and Evergrande Property increasing by 3.41% to HKD 0.91 per share [1] Group 2 - The new housing policy in Shenzhen, which was announced on September 6, significantly relaxes purchase restrictions in non-core areas and eliminates the differentiation in mortgage rates between first and second homes [1] - According to Guotai Junan Securities, the optimization of purchase policies in first-tier cities is expected to lead to a rebound in real estate transaction volumes in the fourth quarter, contributing to a stabilization of the market [1] - Open Source Securities noted that the overall direction of the real estate market in China is moving towards stabilization, with potential for slight fluctuations in housing prices, supported by proactive fiscal and moderately loose monetary policies [2]