A-shares and Hong Kong shares real estate sector have all surged. Analysts believe that conducting surveys of already supplied land and ongoing projects is a key step in further optimizing existing policies.

Today, the real estate sector in A-shares and Hong Kong stocks surged across the board, with R&F Properties soaring by more than 24% at one point, Hefei Construction rising by the daily limit, and Wanda Development surging by over 9%. On the news front, the real estate market once again received positive policy signals. The State Council Executive Meeting held on June 13 proposed to conduct a comprehensive investigation on the land already supplied and projects under construction nationwide, further optimize existing policies, enhance the systematic effectiveness of policy implementation, stabilize expectations, stimulate demand, optimize supply, and mitigate risks through multiple measures to stop the decline and stabilize the real estate market. Some analysts believe that investigating the already supplied land and projects under construction is a key step in further optimizing existing policies. In the future, relevant departments and local governments are expected to increase policy efforts while improving the accuracy and effectiveness of policy implementation. In addition, Fu Linghui, spokesperson of the National Bureau of Statistics and Director of the Department of Comprehensive Economic Statistics, introduced at a press conference today that with the accelerated implementation of various measures to stabilize the real estate market since the beginning of this year, the real estate market continues to move towards stabilization after the decline.