HK Stock Market Move | In the internal stock market, stocks rise and fall. The political meeting once again mentioned real estate. Institutions are optimistic about the industry's valuation and expect an overall recovery.

In the internal market, stocks are fluctuating and rising. As of the time of writing, CH OVS G OCEANS (00081) rose by 7.43% to 2.89 Hong Kong dollars; CHINA OVERSEAS (00688) rose by 7.34% to 13.16 Hong Kong dollars; CHINA JINMAO (00817) rose by 6.67% to 1.6 Hong Kong dollars; GREENTOWN CHINA (03900) rose by 4.95% to 9.54 Hong Kong dollars; CHINA VANKE (02202) rose by 3.87% to 2.95 Hong Kong dollars. On the news front, the Central Political Bureau of the Communist Party of China held a meeting on April 28 to analyze and study the current economic situation and economic work. The meeting pointed out the importance of effectively preventing and resolving risks in key areas. Efforts will be made to stabilize the real estate market and promote urban renewal. Galaxy Securities believes that the real estate market is showing a trend of differentiation between cities, with first-tier cities performing better in terms of sales prices of new residential properties and second-hand residential properties compared to other cities. Therefore, the importance of stabilizing the real estate market is highlighted. As the industry gradually enters a stage of high-quality development, industry valuations may see a overall recovery, with top real estate enterprises having advantages in terms of low financing costs and high market share in core regions, potentially benefiting from valuation recovery for overall beta opportunities.