Hong Kong stocks movement: CHINA NEWCITY surged 20.73%

Hong Kong Stock Movement CHINA NEWCITY surged 20.73%. Based on recent important news: On September 21, Wang Jun, President of Weiguang Huitong Group, pointed out at the Boao Forum that the emergence of stablecoins provides the possibility for the tokenization of real assets, and the RWA model has become a new direction for commercial real estate companies to explore. This statement drove the stock price of CHINA NEWCITY up. Data source: Boao Forum. On August 30, New Town Development announced the establishment of a Digital Asset Research Institute, planning to tokenize its commercial real estate through blockchain technology, further promoting the development of the RWA model. This move had a positive impact on the stock price of CHINA NEWCITY. Data source: Company announcement. On September 17, Kaisa Group's capital investment company announced a strategic transformation to develop RWA tokenization business, enhancing market confidence in the RWA model, indirectly affecting the stock price of CHINA NEWCITY. Data source: Company announcement. The development of the RWA model is rapid, but regulatory challenges remain. Stocks with High Trading Volume in the Industry Vanke Enterprises rose 0.71%. Based on recent important news: On September 21, Vanke underwent an organizational restructuring, with Shenzhen Metro fully taking over and accelerating reforms to improve decision-making efficiency, leading to a rise in stock price. Data source: Shenzhen Metro management. On September 19, Shenzhen Metro Group provided Vanke with a loan of 2.064 billion yuan to enhance financial stability and boost market confidence. Data source: Company announcement. On September 19, the Vanke Ideal Huadi·Aojing project achieved a sales rate of 81%, showing strong sales performance that supports the stock price increase. Data source: Sunshine Home Network. Real estate companies are adjusting their structures to reduce costs and increase efficiency. Sunac China had a trading volume of 149 million HKD. Based on recent important news: On September 19, Sunac China Holdings Limited announced the latest progress in its offshore debt restructuring and arranged a planned meeting. This restructuring aims to manage financial obligations and stabilize operations, with the planned meeting scheduled for October 14, where creditors can vote. This news had a positive impact on the company's stock price. Data source: Viewpoint Network. The trend of industry restructuring is significant, and risks need to be monitored. China Resources Land fell 0.89%, with a trading volume of 143 million HKD. Based on recent important news: On September 22, China Resources Land acquired the dual residential land in Pudong Houtan at a base price of 24.47 billion yuan, with the project named "Yuanqi Binjiang," planning a total of 2060 residential units, with a floor price of about 70,000 yuan per square meter. This move shows the company's continued investment in the high-end residential market, driving stock price fluctuations. On September 21, China Resources Land officially opened the first Wanxiang City in Northern Jiangsu, built in partnership with Huai'an Guolian Group, with a total construction area of about 180,000 square meters, attracting many brands to enter for the first time, enhancing the company's brand influence. On September 19, First Shanghai released a research report indicating that China Resources Land achieved operating revenue of 94.9 billion yuan in the first half of 2025, a year-on-year increase of 19.9%, and net profit attributable to the parent company increased by 16.2% to 11.9 billion yuan, showing the company's solid financial condition and positive market response Recent changes in industry policies and market fluctuations have had a significant impact. Stocks ranked at the top of the industry by market capitalization China Overseas Land & Investment fell 0.84%. According to recent important news: On September 19, China Overseas Land & Investment strengthened strategic cooperation with the Huangpu District government to promote high-quality development and enhance market confidence. On September 19, First Shanghai released a research report, giving China Overseas Land & Investment a buy rating with a target price of HKD 19.35, raising market expectations. On September 19, the sales of the Bailong project accelerated, and the Beidu effect continued, driving stock price fluctuations. The impact of policy changes in the real estate industry