---
title: "Hong Kong Stock Movement: EVER REACH GP fell 17.78%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259259405.md"
description: "EVER REACH GP fell 17.78%; China Resources Land rose 1.82%, with a transaction volume of HKD 219 million; Sunac China rose 3.80%, with a transaction volume of HKD 156 million; Longfor Group rose 3.47%, with a transaction volume of HKD 146 million; China Overseas Land & Investment rose 0.43%, with a market capitalization of HKD 153.4 billion"
datetime: "2025-09-29T05:46:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259259405.md)
  - [en](https://longbridge.com/en/news/259259405.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259259405.md)
---

# Hong Kong Stock Movement: EVER REACH GP fell 17.78%

**Hong Kong Stock Movement**

**Stocks with High Trading Volume in the Industry**

China Resources Land rose 1.82%. Based on recent important news:

1.  On September 29, Daiwa Securities raised the target price of China Resources Land to HKD 37, boosting investor confidence and driving the stock price up. Data source: Daiwa Securities Research Report.
    
2.  On September 26, China Resources Land opened a new shopping center in Hangzhou, enhancing market confidence in its commercial real estate development, benefiting the stock price. Data source: Viewpoint Network.
    
3.  On September 29, China Resources Land significantly increased its land acquisition in a first-tier area, showing its strategic focus, with a positive market response. Data source: Industry Statistical Report. The risk of policy adjustments in the real estate industry is high.
    

Sunac China rose 3.80%. Based on recent important news:

1.  On September 26, a State Council meeting emphasized consolidating the real estate market to stabilize prices. New policies were introduced in Beijing, Shanghai, and Shenzhen, driving a collective rise in domestic property stocks. Sunac China benefited from favorable policies, with its stock price rising 3.16%. Data source: Securities Times.
    
2.  On September 26, Sunac China held a product launch for the Wuhan Optics Valley No. 1 project, jointly developed with China Orient Asset Management, positioning it as a high-end residential area, attracting market attention and boosting the stock price. Data source: Viewpoint Network. Favorable real estate policies have led to positive market sentiment.
    

Longfor Group rose 3.47%. Based on recent important news:

1.  On September 26, a State Council meeting emphasized consolidating the real estate market, with new policies introduced in Beijing, Shanghai, and Shenzhen, stimulating a rise in domestic property stocks. Longfor Group's stock price rose 6.14%, with a trading volume of HKD 146 million. Source: Zhitong Finance.
    
2.  On September 26, Longfor Group announced the issuance of 54.4517 million new shares, with the stock price closing at HKD 11.25, down 1.32%. Investment banks mainly rated it as a buy, with a target average price of HKD 12.44. Source: Zhitong Finance.
    
3.  On September 26, Longfor Group issued new shares according to its dividend plan, causing stock price fluctuations. Source: Zhitong Finance. The intensification of real estate policies has led to positive market sentiment.
    

**Stocks with High Market Capitalization in the Industry**

China Overseas Land rose 0.43%. Based on recent important news:

1.  On September 29, China Overseas Land's stock price broke through the 5-day moving average, indicating increased market confidence in its future performance, driving the stock price up 0.43%. The Hang Seng Index has performed strongly recently, with noticeable capital inflows

### Related Stocks

- [03616.HK](https://longbridge.com/en/quote/03616.HK.md)

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