On August 12, RADIANCE HLDGS rose 7.14% in regular trading, trading at 1.27 HKD/share, with turnover of 236 million HKD. The rally was driven by continued positive sentiment following Beijing's major housing policy update.

On August 7, Beijing announced significant property easing measures, cutting the social security contribution requirement for non-Beijing-registered families purchasing homes within the Fifth Ring Road from two years to one year, while raising the maximum housing provident fund loan to 2.4 million yuan for married couples purchasing their first home. Institutions noted the policy carries clear signaling value, effectively expanding the home-buyer base and reducing financing pressure, with first-tier cities expected to accelerate their price stabilization process. CITIC Securities stated the new measures are expected to help genuine demand be steadily released starting from lower-priced segments, with further purchase restriction relaxation in Shanghai and Shenzhen likely to follow.

Within the Real Estate Development sector, peers broadly rallied. Among individual stocks, CHINA JINMAO up 9.16%, CHINA RES LAND up 4.89%, SUNAC up 4.46%, CHINA OVERSEAS up 3.04%, HENDERSON LAND down 1.03%.

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