Changes in Hong Kong stocks | Domestic housing stocks generally rose today, Poly Real Estate Group (00119) rose more than 7%, institutions say there are expectations of policy easing in the short term

The Zhitong Finance App learned that domestic housing stocks generally rose today. As of press release, Poly Real Estate Group (00119) rose 6.49% to HK$1.97; China Jinmao (00817) rose 3.31% to HK$1.25; Xincheng Development (01030) rose 2.44% to HK$2.1; and China Aoyuan (03883) rose 2.38% to HK$0.086.

Caitong Securities released a research report saying that in the short term, expectations of policy easing brought about by a further decline in fundamentals are expected to drive sector valuation repair, and in the long term, we need to pay attention to development opportunities for housing enterprises under the new model. It is recommended to focus on valuation repair opportunities brought about by policy easing in the short term, and focus on leading enterprises with core urban resources and real estate operation capabilities in the medium to long term.