Hong Kong stock market movement | Mainland property stocks under collective pressure; property market transactions weaken year-on-year; institutions say subsequent market volume and price performance still needs attention.

Zhitong Finance APP has learned that mainland property stocks are under collective pressure. As of press time, Shimao Group (00813.HK) fell 8.89% to HK$0.041; Sunac China (01918.HK) fell 6.06% to HK$0.465; R&F Properties (02777.HK) fell 5.42% to HK$0.192.