HK Stock Market Move | Intra-house stocks surged during trading. SUNAC (01918) rose by over 18% and CHINA VANKE (02202) rose by over 16%.

Intraday, the stocks in the property sector rose sharply, as of the time of writing, SUNAC (01918) rose 18.45% to HK$1.99, CHINA VANKE (02202) rose 16.36% to HK$6.33, SINO-OCEAN GP (03377) rose 11.34% to HK$0.275, and R&F PROPERTIES (02777) rose 10.4% to HK$1.38. On the news front, on the evening of February 10th, Vanke issued an announcement regarding shareholder loans provided by Shenzhen Metro Group and related party transactions. The largest shareholder Shenzhen Metro Group plans to provide a shareholder loan of 28 billion yuan to Vanke to help repay the company's maturing public debt, demonstrating strong support from the major shareholder. Analysts believe that just before the Spring Festival, various parties expressed support for Vanke's stable development, and within a week after the festival, the major shareholder quickly took substantial action by injecting liquidity into Vanke through shareholder loans, once again showing their firm determination and attitude to support Vanke's healthy development, providing a reassurance to the market. Open Source Securities stated that since September 2024, central policies have continued to intensify, with a comprehensive macroeconomic policy "gift package" launched to actively boost the real estate market. Real estate policy adjustments have been positive and swift, and the path of "stabilizing after decline" in property prices is becoming evident. It is expected that policy adjustments in first-tier cities will provide strong support to the demand side and gradually improve price expectations, thereby radiating to second and third-tier cities and gradually achieving "stabilizing after decline" in property prices, leading to improvements in the fundamentals of the real estate sector and maintaining a "positive" industry rating.