Group 1 - The core viewpoint of the article highlights the upward movement of Chinese property stocks, driven by recent policy adjustments in major cities [1] - Longfor Group (03380) increased by 3.74% to HKD 1.11, Country Garden (02007) rose by 3.45% to HKD 0.6, China Overseas Macro Group (00081) gained 2.85% to HKD 2.53, and Shimao Group (00813) went up by 2.56% to HKD 0.4 [1] - Since August, first-tier cities like Beijing and Shanghai have implemented optimized purchase restrictions, with Shanghai's finance bureau announcing adjustments to property tax policies on September 19 [1] Group 2 - Guojin Securities noted that the recent policy changes in first-tier cities, combined with the seasonal demand peak, are expected to help stabilize the real estate market [1] - August real estate data indicates a continued need for more policies to support the market's recovery, with expectations for further policy enhancements [1] - The current valuation of the real estate sector is considered low, suggesting a buying opportunity for investors [1]

Core Viewpoint - Country Garden (02007) opened over 14% higher and is currently up 14.58%, trading at HKD 0.55 with a transaction volume of HKD 31.33 million, following announcements from the Shanghai and Shenzhen stock exchanges regarding index adjustments [1] Group 1: Market Reactions - The stock price increase is attributed to the inclusion of Country Garden in the Hong Kong Stock Connect eligible stocks list, effective from September 8 [1] - The recent policy adjustments in major cities, aimed at optimizing purchase restrictions, are expected to positively impact the real estate market [1] Group 2: Industry Outlook - Guojin Securities forecasts a potential rebound in real estate transaction volumes entering the fourth quarter, which may help stabilize the fundamentals of the sector [1] - The anticipated easing of monetary policy by the Federal Reserve is expected to enhance liquidity, making current valuations in the real estate sector appear low, suggesting a favorable environment for accumulating real estate stocks [1]