Real estate stocks surged in the final trading session, with Shahe Stock Company hitting the daily limit up.

Real estate stocks surged in the final trading session, with Shahe Share hitting the daily limit. Guangming Real Estate, Binjiang Group, Xin Cheng Holdings, Vanke A, and Shanghai Lingang followed the trend. On the news front, Shanghai issued a notice on optimizing and adjusting the pilot policy of property tax for personal housing, providing preferential property tax policies for high-level talents, key industries in short supply urgent talents, and homebuyers who have held a residence permit in the city for 3 years and have been living and working in the city when purchasing new homes in the city.