Hong Kong stock movement: EVER REACH GP fell 15.69%

Hong Kong Stock Movement Stocks with High Trading Volume in the Industry Sunac China fell 4.76%. According to recent important news: On September 23, the National Bureau of Statistics reported that from January to August 2025, national real estate development investment fell by 12.9% year-on-year, with new construction area and completed area also declining by 19.5% and 17.0%, respectively. These data indicate a continued slump in the real estate market, leading to a decline in Sunac China's stock price. On September 22, the voting time for the debt restructuring plan of China Oceanwide Holdings was postponed to September 30, raising concerns in the market about the financial health of real estate companies, which affected the performance of related stocks such as Sunac China. Recently, first-tier cities like Beijing, Shanghai, and Shenzhen have optimized purchase restriction policies. Although policy expectations have increased, the market still requires more measures to stabilize the real estate market. The valuation of the real estate sector is relatively low, with increased policy expectations. China Resources Land fell 0.91%. According to recent important news: On September 22, China Resources Land acquired the dual residential land in Pudong's Huangpu Riverside at a base price of RMB 24.47 billion, naming the project "Yuanqi Riverside." This move demonstrates the company's expansion strategy in the high-end residential market, which may raise market concerns about its capital efficiency. On September 21, China Resources Land officially opened the Huai'an Vientiane City in cooperation with Huai'an Guolian Group, marking the company's further layout in the commercial real estate sector, which may have a positive impact on its long-term earnings. On September 22, China Resources Longdi signed a cooperation agreement with JD Retail, announcing that JD Mall's first store in Hong Kong will be located at China Resources Brim28, indicating the company's strategic cooperation in the smart retail sector, which may enhance its brand influence. Expansion and cooperation dynamics in the real estate market. Stocks with High Market Capitalization in the Industry China Overseas Land & Investment fell 1.36%. According to recent important news: On September 22, JP Morgan released a report stating that although the impact of first-tier cities relaxing housing market measures may be limited, the intensity of policy support has increased, and tactical opportunities are expected before the end of the year. JP Morgan believes that China Overseas Land & Investment, as a laggard, may offer more upside potential; however, the market's short-term reaction has been muted, leading to a decline in stock price. On September 19, China Overseas Group engaged in in-depth discussions with the Huangpu District Government of Shanghai regarding strategic cooperation. Although this move is beneficial for long-term development, it failed to immediately boost the stock price. No other significant events. Increased policy support and noticeable market fluctuations