Hong Kong stock movement: EVER REACH GP fell 15.56%

Hong Kong Stock Movement Stocks with High Trading Volume in the Industry China Resources Land fell 1.79%. According to recent important news: On September 23, China Resources Land announced a senior management change, with Guo Shiqing resigning as executive director and chief financial officer, and Zhao Wei taking over. This change raised market concerns about the company's future management stability, leading to a decline in stock price. Data source: Company announcement. On September 22, China Resources Land's Huai'an Vientiane City, in collaboration with Huai'an Guolian Group, officially opened. The project is positioned as a high ground for urban fashion and quality living, attracting a large number of brands. This move enhanced the company's influence in the regional market but did not immediately reflect in the stock price. Data source: Company announcement. On September 23, the overall trend in the real estate industry shifted towards green smart buildings, with leading real estate companies like China Resources Land releasing related strategies. Although the industry trend is positive, the short-term impact on stock prices is limited. Data source: Industry report. The real estate industry is shifting towards green smart buildings. Longfor Group rose 1.60%. Based on recent important news: On September 25, Longfor Group's profit contribution from non-development businesses exceeded 90%, demonstrating strong anti-cyclical resilience, which drove the stock price up. Data source: China Index Academy. On September 24, Longfor's management stated at the earnings meeting that the short-term trend still depends on the strength of policy stimulus, while remaining optimistic in the long term, enhancing market confidence. On September 23, Longfor Group's Vice President Gu Xiuming emphasized the importance of digital transformation to improve corporate efficiency, driving the stock price up. Favorable policies in the real estate market have stabilized the industry. Sunac China fell 0.62%. According to recent important news: On September 23, data from the National Bureau of Statistics showed that from January to August 2025, national real estate development investment fell by 12.9% year-on-year, new construction area fell by 19.5% year-on-year, completed area fell by 17.0% year-on-year, sales area fell by 4.7% year-on-year, and sales amount fell by 7.3% year-on-year. National housing prices continued to decline month-on-month, leading to a collective retreat of domestic property stocks, with Sunac China's stock price dropping by 4.76%. On September 23, Sunac Real Estate Group Co., Ltd. added a new execution information, with an execution target of over 820 million yuan, and the executing court is the People's Court of Shapingba District, Chongqing. The company currently has over 280 execution information, with a total execution amount exceeding 44 billion yuan, increasing market concerns about its financial situation, affecting the stock price. On September 22, the voting time for the debt restructuring plan of China Ocean Group was postponed to September 30, involving various repayment options. This news intensified market concerns about the debt issues in the real estate industry, affecting Sunac China's stock price. The real estate sector's valuation is relatively low, with increased policy expectations. Stocks with High Market Capitalization in the Industry China Overseas Land & Investment fell 0.72%. According to recent key news: On September 22, China Overseas Land & Investment's initiated Huaxia China Overseas Commercial REIT officially obtained the registration approval from the China Securities Regulatory Commission and a no-objection letter from the Shenzhen Stock Exchange. The launch of this REIT expands the channel for asset securitization, aligning with the current policy encouragement for consumption REITs and the trend of industry transformation, driving stock price fluctuations On September 23, the Beijing China Overseas Financial Center adopted advanced energy-saving technologies, achieving a building energy-saving rate of 70% and a renewable energy utilization rate of 54%, with a carbon reduction rate of 68%. In addition, China Overseas has developed ultra-low energy consumption building projects in Suzhou and other locations, covering diverse formats such as residential and commercial, further enhancing market confidence. On September 22, JP Morgan published a research report indicating that the impact of recent relaxation of housing market measures in first-tier cities may be limited, but the likelihood of policy support is increasing, driving stock prices up. Morgan Stanley believes that China Overseas Development, as a laggard, may offer more upside potential. Industry transformation and policy support are driving stock price fluctuations