HK Stock Market Move | Internal property stocks generally fell, with R&F Properties (02777) dropping more than 9% and Radiance Holdings (09993) falling nearly 8%.

The stocks in the real estate sector generally fell, as of the time of writing, R&F PROPERTIES (02777) fell by 9.09% to 0.5 Hong Kong dollars; RADIANCE HLDGS (09993) fell by 7.88% to 1.52 Hong Kong dollars; SUNAC (01918) fell by 6.4% to 1.17 Hong Kong dollars. On the news front, according to Ke Rui real estate research, in February 2026, affected by the Spring Festival holiday, the overall transaction volume of new homes in the top 50 cities in China was still relatively sluggish. However, the cumulative transaction volume of second-hand houses in the top 15 cities in January-February was about 15.09 million square meters, a slight increase of 2% year-on-year. In February, central and local policies continued to release positive signals, and at the end of the month, Shanghai's "Shanghai Seven Regulations" released a positive policy trend signal, which is conducive to boosting market expectations nationwide. Sinolink believes that the current real estate market has entered a critical verification period for bottoming out and stabilizing. After the Spring Festival holiday, the listing volume of second-hand houses in core cities has generally rebounded. The magnitude and sustainability of the rebound in the listing volume of second-hand houses in core cities over the next two months will be a key variable affecting the future trend of housing prices.