HK Stock Moves | Shanghai Further Lowers Home Purchase Threshold, Mainland Property Stocks Rally Collectively, Rosewood Property Control Rises Over 8%, Sunac China Gains Over 5%

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Hong Kong stocks’ property sector collectively gains strength, with CIFI Holdings rising over 8%, Sunac China up more than 5%, and Longfor Group up over 3%. Vanke, Oceanwide Group, R&F Properties, China Overseas Land & Investment, China Resources Land, and Jin Hui Holdings each rose over 2%.

In news, the People’s Bank of China Shanghai Branch, together with the Shanghai Regulatory Bureau of the National Financial Supervision and Administration, issued the “Notice on Adjusting the Minimum Down Payment Ratio for Commercial Residential Loans in Shanghai.” Starting March 16, 2026, the minimum down payment ratio for commercial residential loans in Shanghai will be adjusted to no less than 30%.

Additionally, data from Shenzhen Shell Research Institute shows that from March 9 to March 15, the signed volume of second-hand homes at Shell’s partner stores in Shenzhen reached a nearly one-year weekly high. Leye Home data also confirms market enthusiasm: during the same period, second-hand residential contract volume at Leye Home stores in Shenzhen increased by 33% week-on-week, surpassing the high point of March 2025 and reaching the quarterly peak level after the “929” new policy in 2024. The number of second-hand home viewings also increased by 11% week-on-week, indicating a significant rise in market activity. Yan Yuejin, Deputy Director of the E-House Research Institute in Shanghai, stated that the long-term adjustment of second-hand home prices is showing positive signals of narrowing declines and gradual stabilization. The release of rigid demand in Shenzhen’s second-hand housing market has improved market sentiment and continued to reduce the downward space for prices.

(Edited by: He Chong)

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