HK Stock Market Move | In the front of the rise in the internal housing stocks, the political bureau meeting reiterated the need to stabilize the real estate market. Institutions say the real estate market may enter a new cycle of policy release.

In the stock market, the performance of real estate stocks is leading. As of the time of writing, RONSHINECHINA (03301) rose by 15.15% to 0.38 Hong Kong dollars; Xuhui Holdings (00884) rose by 10.91% to 0.305 Hong Kong dollars; COUNTRY GARDEN (02007) rose by 10% to 0.55 Hong Kong dollars; LOGAN GROUP (03380) rose by 7.69% to 1.12 Hong Kong dollars. On the news front, the meeting of the Political Bureau of the CPC Central Committee on February 28 emphasized stabilizing the real estate and stock markets. Founder pointed out that the central government's active guidance lays the foundation for continuous policy implementation, which may lead to a new round of policy releases in the real estate market. The market is performing well in the early part of the year, with supply and demand structures continuously improving and a trend of stabilizing after a decline expected to be reinforced by continued policy support. Huatai pointed out that the heat in the current real estate market may continue, and attention should be maintained. They are optimistic about the rebound in volume and price in key urban areas, the valuation recovery of real estate enterprises with reserves or newly acquired resources in corresponding regions, and property management companies with solid performance and cash flow also having the potential to benefit from the market stabilization.