Changes in Hong Kong stocks | Domestic housing stocks generally rose in early trading, and the first weekend of the eight landings in Shanghai appeared, and the Nikko Market Agency expects housing prices in core cities to bottom out one after another

The Zhitong Finance App learned that domestic housing stocks generally rose in early trading. As of press release, China Overseas Hongyang Group (00081) rose 9.77% to HK$2.81; Sunac China (01918) rose 8.26% to HK$0.59; Country Garden (02007) rose 5.95% to HK$0.196; and Vanke Enterprise (02202) rose 3.18% to HK$2.435.

According to the news, on August 20, six departments including the Shanghai Municipal Housing, Urban-Rural Development Administration Committee jointly issued the “Notice on Optimizing the City's Real Estate Policies and Measures” (hereinafter referred to as the “Shanghai Eight Rules”). On the first weekend of the implementation of the “Shanghai Eight Rules” new policy, the Shanghai new housing market once again showed a daily boom. 64 properties launched in two batches at the Sanbaoye Hongqiao National Exhibition in the Xujing section of Qingpu were quickly liquidated. This is also the third real estate in Shanghai to open and sell out in the past 10 days.

Shen Wan Hongyuan released a research report saying that on the basis of improvements in the Shanghai property market, the “Shanghai Eight Rules” were introduced to further consolidate the judgment at the bottom of Shanghai's housing prices; the Shanghai-Beijing property market exceeded expectations when relaxed, and there was still room for fixing property market policy expectations and judging policy optimization; supply contraction is the core driving force in this round of property market bottoming out, judging that housing prices in core cities such as Shanghai are bottoming out one after another.