HK Stock Market Move | Parts of real estate stocks rose. Country Garden (02007) rose 4% and C&D International Group (01908) rose nearly 3%.

Some Hong Kong property stocks rose, as of the time of writing, COUNTRY GARDEN (02007) increased by 4% to 0.52 Hong Kong dollars; C&D INTL GROUP (01908) rose by 2.88% to 17.04 Hong Kong dollars; LONGFOR GROUP (00960) rose by 2.46% to 10 Hong Kong dollars; GREENTOWN CHINA (03900) rose by 1.64% to 9.29 Hong Kong dollars. On the news front, property stocks in the Hong Kong stock market rose during trading yesterday. According to a brokerage firm in China, analysts pointed out that the strength in the real estate sector was related to a industry 'positive' rumor that day. It is reported that this rumor came from foreign media, but has not yet been officially confirmed. In addition, on November 20, Vanke held its first extraordinary shareholders' meeting for 2025. In terms of market trends, Vanke believes that with the continuous implementation of policies and the gradual realization of reasonable housing demand, the industry is expected to gradually emerge from the adjustment period and move towards a stable development new stage. Galaxy Securities believes that in the later stage of urbanization development, the real estate sector will gradually establish a new model to achieve high-quality development, such as through improving basic systems, full-cycle management, and building "good houses." The bank believes that as the industry gradually achieves high-quality development, the overall valuation of the industry will be repaired, and leading property developers may achieve operational improvement through lower financing costs and higher market share in core regions, and seize opportunities through valuation repair.