Understanding the Market | Chinese property stocks rose during trading as first-tier cities gradually introduced new real estate policies. Institutions believe the new policies are expected to stimulate the release of demand in the housing market

Chinese property stocks rose during the session, with SINO-OCEAN GP up 13.07%, COUNTRY GARDEN up 4.84%, CHINA JINMAO up 3.27%, and Sunac China up 2.91%. On September 5th, Shenzhen introduced new policies to relax purchase restrictions and credit policies, which is expected to boost demand in the real estate market. CITIC Securities pointed out that the new policies are stronger than those in Beijing and Shanghai, which may provide support for Shenzhen's real estate market. Kaiyuan Securities believes that the overall real estate market is stabilizing, with housing prices likely to fluctuate slightly, and policies will further improve the supply-demand relationship