房地产板块强势上扬，深圳新政助力市场回稳，碧桂园股价创新高

Core Viewpoint - The recent policy easing in the real estate market has led to a significant surge in stock prices for property companies, particularly in the Hong Kong market, with major players like Country Garden seeing substantial gains. Group 1: Market Performance - On September 9, the real estate sector experienced a wave of stock price increases, with Hong Kong property stocks performing exceptionally well, including Country Garden, which saw an intraday increase of over 30% [1] - A-shares also showed a broad upward trend, with five real estate stocks hitting the daily limit, including Suning Global and Shoukai Shares [1] - The trading volume for Country Garden reached 20.76 billion, with a closing price increase of 25.49% [2] Group 2: Policy Impact - The core driver of this market rally is the recent policy relaxation, particularly the new housing policies introduced in Shenzhen on September 5, which eliminated purchase qualification reviews and allowed families to buy unlimited properties in certain districts [1][3] - Major cities like Beijing and Shanghai have also implemented measures to optimize housing policies, contributing to a coordinated effect among first-tier cities [1][3] Group 3: Company-Specific Developments - Country Garden emerged as the biggest highlight, with its stock price rising by 23.53% to 0.63 HKD, marking a new high since its annual relisting [3] - The stock's surge was supported by the inclusion of Country Garden in the southbound trading scope, allowing mainland investors to participate, and positive developments in its debt restructuring plan, which could reduce interest-bearing debt by approximately 11.7 billion USD (about 840 billion RMB) [3] - The management indicated that the overseas debt restructuring is expected to be completed within the year [3] Group 4: Industry Trends - The acceleration of debt restructuring in the industry is evident, with 77 property companies reporting debt defaults by the end of August, and 60 of them announcing restructuring progress [4] - The total scale of debt restructuring exceeds 1.2 trillion RMB, indicating a potential improvement in the housing supply-demand relationship due to more proactive fiscal policies and moderately loose monetary policies [4]