Understanding the Market | COUNTRY GARDEN opened over 14% higher and is officially included in the Hong Kong Stock Connect list starting today

Country Garden opened over 14% higher, and as of the time of publication, it rose 14.58%, trading at HKD 0.55, with a transaction volume of HKD 31.3302 million. In terms of news, the Shanghai Stock Exchange and the Shenzhen Stock Exchange respectively announced that due to the adjustment of constituent stocks in the Hang Seng Composite Large Cap Index, Mid Cap Index, and Small Cap Index, which will take effect from September 8. Among them, Country Garden and others have been included in the Hong Kong Stock Connect target list. It is worth mentioning that recently, first-tier cities such as Beijing and Shenzhen have successively implemented optimized purchase restriction policies. Guojin Securities pointed out that it is expected that the real estate transaction volume will rebound entering the fourth quarter, further stabilizing the fundamentals. Considering the increased expectations for the Federal Reserve to cut interest rates to stimulate liquidity, the current valuation of the real estate sector is relatively low, and it is recommended to accumulate real estate stocks on dips