The three major indices of the U.S. rose the night before (23rd), with the Dow and the S&P 500 reaching new highs. China's financial regulatory institutions have launched a new round of economic stimulus measures, leading to a general increase in major stock markets in the Asia-Pacific region on Tuesday (24th). The Hong Kong stock market opened high this morning, with a 326-point increase. Driven by China mainland banking, domestic demand, and mainland real estate stocks, the morning session's gains expanded to a peak of 609 points, reaching a near four-month high of 18,856. It is currently up 586 points or 3.2% at 18,833, with a trading volume of 110.07 billion yuan.

The People's Bank of China announced a reduction in the interest rates on existing housing loans and the unification of the minimum down payment ratio for mortgages. It also announced an upcoming reduction in the central bank's policy interest rate, with the 7-day reverse repurchase rate being lowered by 0.2 percentage points from the current 1.7% to 1.5%. This adjustment aims to guide both loan market quote rates and deposit rates to decrease simultaneously. Mainland China is actively revitalizing the real estate market. Blue-chip mainland real estate Shimao Overseas (00688.HK), R&F Properties (01109.HK), and Longfor (00960.HK) rose by 4.5% to 5.4%; blue-chip property management stock Sunlight REIT (01209.HK) also rose by 4%.

Other second and third-tier non-blue-chip mainland real estate stocks also followed a rising trend. Vanke (02202.HK) rose by 1.8%, Yuexiu Property (00123.HK), Logan Property (01908.HK), Greentown China (03900.HK), and Country Garden Services (03383.HK) rose by 3.2% to 4.7%; Shimao (00813.HK), Franshion Properties (00884.HK), and Sunac China (01918.HK) surged by 6.8% to 7.5%; REGAL Hotels International (01813.HK) rose by 10.9%.

China mainland banking stocks significantly rose, with ICBC (01398.HK), ABC (00939.HK), and BOC (03988.HK) rising by 3.2% to 4.5%, while CMB (03968.HK) increased by 9% to 33.75 yuan, marking the largest gain among blue-chip stocks. Non-blue-chip mainland banking stocks Bank of Communications (03328.HK), Postal Savings Bank of China (01658.HK), and ABC (01288.HK) also rose by 3.2% to 5.3%.

Domestic demand stocks surged, with Ideal Power (02015.HK), Bud APAC (01876.HK), Li Ning (02331.HK), Anta Sports (02020.HK), Haidilao (06862.HK), China Mengniu Dairy (02319.HK), Tsingtao Brewery (00291.HK) all rising by approximately 3% to nearly 7%.

Traditional heavyweight old-economy stocks rose, with HSBC Holdings (00005.HK) up by 1.3%, AIA (01299.HK) by 2.3%, and Hong Kong Exchanges and Clearing (00388.HK) surging by 5.7%. Stocks in the new-economy sector, especially network technology stocks, also supported the market's upward trend, with Tencent Holdings (00700.HK) and Baidu (09888.HK) each rising by approximately 2% to 3%, Alibaba Group (09988.HK) and Meituan (03690.HK) both increasing by 4% to 4.6%.