According to the WiseNews App, most mainland real estate stocks fell. As of press time, Zhongliang Holdings (02772) fell 13.75%, to HKD 0.138; Shimao Group (00813) fell 3.9%, to HKD 0.74; Sino-Ocean GP (03377) fell 3.61%, to HKD 0.4; Yuexiu Property (00123) fell 2.73%, to HKD 5.35.

Sinolink pointed out that in May, the sales area and amount of commodity housing have rebounded compared with the previous month. The prices of first-hand and second-hand houses have continued to decline on a month-on-month and year-on-year basis. The bank believes that the market in May showed a weak recovery, while all major indicators of the real estate sector are still bottoming out. The government needs to implement supporting policies as soon as possible to form a real estate inventory, accelerate the process of industry stabilization, and the arrow is on the string for the government to collect inventory.

Kaiyuan Securities stated that the new home prices in May have decreased on a month-on-month and year-on-year basis, which has led to the collection of properties in cities above the county level. The positive policies and cumulative effects will gradually become apparent. Under the catalysis of the new policies, the real estate market is expected to have stronger vitality and overall market confidence is expected to stabilize. Large and super cities are actively and steadily promoting urban-rural reconstruction, and more counter-cyclical adjustment measures are expected to be implemented. The sector still has good investment opportunities with a 'bullish' rating.