On September 28, CHINA RES LAND rose 3.07% in regular trading, trading at 29.58 HKD/share, with turnover of 6.76 billion HKD.

On the news front, mainland property stocks rallied broadly after multiple government ministries jointly unveiled a real estate policy package covering presale system reform and credit management improvements. The seasonal expectations of the peak selling period further boosted sector sentiment and valuation recovery. Within the Real Estate Development sector, C&D INTL GROUP rose 4.89%, CHINA OVERSEAS rose 3.54%, CK ASSET gained 1.7%, and SUNAC added 1.61%.

On the company level, CHINA RES LAND reported August contracted sales of approximately 18.5 billion yuan, surging 40.2% year-over-year, with cumulative sales for the first eight months reaching 149.1 billion yuan, up 9.0% year-over-year. Recurring revenue for August climbed 7.1% to 4.57 billion yuan. UBS, Citi, and Goldman Sachs all maintained their \"Buy\" ratings, with target prices ranging from 38.8 to 45 HKD. The company's first-half core net profit rose 1.6% year-over-year to 10.16 billion yuan despite a 28.5% revenue decline, reflecting improved profitability from its recurring rental business.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)