According to the Securities Times app, KE Holdings-W(02423) rose more than 9% in early trading, up 8.37% to HK$69.25 as of the deadline, with a turnover of 94.6629 million Hong Kong dollars.

On the news front, according to media reports, at the beginning of the National Day holiday, the popularity of some new real estate sales offices in Beijing increased, and the number of customers grew. In Shanghai, landlords were raising prices overnight, with Shanghai E-House Real Estate Research Institute's Deputy Director Yan Yuejin stating that the historical rarity of policy relaxation is unprecedented. There will be a significant increase in real estate transactions during the Golden Week holiday, and the unprecedented bullish policies will have a very important impact on market expectations, helping to boost the market outlook after the Golden Week.

CRIC Real Estate Research Center released a report stating that due to frequent bullish signals from the central to local governments at the end of September, first, the Guoxin Conference launched a series of major policies, including reserve requirement ratio cuts, policy rate reductions, interest rate cuts on existing home loans, reduction of down payment ratio for second homes, increased central funding support ratio for refinancing, extension of the '16 Financial Measures', and then the Politburo meeting set the tone to promote the stabilization of the real estate market, followed by core first-tier cities such as Beijing, Shanghai, and Shenzhen, adjusting the 'four restrictions' policy in a continuous and optimized manner. Based on the expectation of favorable policies, overall transactions in October may stabilize after a decline, and first-tier cities, as direct beneficiaries of the new policies, still have room for increased transaction volumes in new homes.