According to the Zhitong Finance and Economics APP, mainland real estate stocks collectively rose. As of the time of publication, Sunac (01918) rose by 8.04%, to HK$3.09; Zhongliang Holdings (02772) rose by 6.76%, to HK$0.158; r&f properties (02777) rose by 6.54%, to HK$1.63; Shimao Group (00813) rose by 5.04%, to HK$1.25; RonshineChina (03301) rose by 5%, to HK$0.63.

On the news front, since September, various central departments have implemented a precise and forceful 'real estate policy combination,' with significant policy effects. Data from the China Index Research Institute shows that in October, the top 100 real estate enterprises achieved a sales turnover of 435.49 billion yuan, a 73% month-on-month increase, reaching the second-highest performance level this year. The year-on-year growth is 7.1%, marking the first monthly performance year-on-year positive growth this year. Data from the China Real Estate Index System also shows that in October, the sales of the top 100 real estate enterprises increased by 10.53% year-on-year, and by 67.45% month-on-month.

Everbright Securities believes that the recent precise and forceful policy combination, along with the stabilization of commodity housing sales in October, indicates a potential continuation of the real estate market warming up in the fourth quarter. Minsheng Securities also stated that in October, due to the continued favorable policies in core first and second-tier cities, overall transactions returned to a high level for the year. In November, with the positive effects of new policies being released, coupled with seasonal factors, market growth momentum is expected to slow slightly compared to October, but the demand remains. It is expected that transactions will stabilize slightly, awaiting the vigorous implementation of new policies.