SUNAC's stock surged 8.55% during intraday trading on Tuesday, leading gains among Chinese property stocks.
The rally follows a policy adjustment from the People's Bank of China Shanghai Headquarters, which lowered the minimum down payment requirement for commercial property loans in Shanghai to no less than 30%, effective March 16, 2026. This marks the first adjustment to Shanghai's commercial property loan policy in over a decade, with other cities expected to follow suit.
Additionally, data from the National Bureau of Statistics indicated that from January to February, the year-on-year decline in real estate development investment narrowed by 6.1 percentage points compared to the full-year 2025 figure. Industry analysts suggest this reflects a gradual stabilization of supply-side adjustments in the market.
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