According to the Securities Times app, mainland real estate stocks mostly rebounded, Sunac (01918) rose by 7.59% to HK$2.41; R&F Properties (02777) rose by 5.81% to HK$1.64; Zhongliang Hldg (02772) rose by 3.91% to HK$0.133; Agile Group (03383) rose by 2.3% to HK$0.89.

On the news front, on October 17, the State Council Information Office held a press conference, and five ministries introduced policy measures to stabilize the real estate market. Minister of Housing and Urban-Rural Development Ni Hong summarized the 'combination of measures' as 'four cancellations, four reductions, two increases'. Among them, the policy of 'two increases' has attracted much attention, namely, the addition of 1 million sets of urban village and dilapidated house renovations, and an increase in the credit scale of 'white list' projects to 4 trillion yuan. Citic Sec pointed out that overall, the real estate market is heading towards stabilization after the decline, and leading real estate development companies have significant investment value.

Furthermore, on October 17, many places such as shanghai, Shenzhen, and Sichuan adjusted their housing provident fund policies, including increasing the amount available for renting extraction, supporting intergenerational help for home purchase withdrawals, and supporting rental to purchase extractions. In addition, Xi'an optimized real estate-related policies, including canceling restrictions on the sale of commercial housing, new housing price limits, and standards for ordinary and non-ordinary residences, increasing the amount of provident fund loans, lowering the down payment ratio for provident fund loans, supporting enterprise units in utilizing destocking policies to purchase existing commercial housing, and optimizing the pre-sale fund allocation process.