The rebound in mainland real estate stocks continues, with sustained growth in second-hand home transactions. Institutions indicate that positive market factors are continuously accumulating.

Mainland property stocks continued their recent rebound. As of press time, Longfor Group (00960) rose 4.27% to HKD 9.04; R&F Properties (02777) climbed 4.17% to HKD 0.375; China Resources Land (01109) gained 2.65% to HKD 36.44; and Yuexiu Property (00123) increased by 2.07% to HKD 4.43.

Zhitong Finance11:34

Hong Kong Stock Announcements | Greentown China's total contract sales for the first four months amounted to approximately RMB 54.9 billion, representing a year-on-year decrease of 22.68%.

Sino Biopharm (01177): The new drug application for M701, a "CD3/EpCAM bispecific antibody," has been accepted; Youzhiyou Bio-B (02496): The new drug application for M701 in the treatment of malignant ascites has been accepted by the National Medical Products Administration.

Zhitong Finance08:58

Country Garden (02007.HK) reported contractual sales attributable to shareholders of the company amounting to 2.5 billion yuan in April.

Gelonghui, May 7th丨Country Garden (02007.HK) announced that the company and its subsidiaries ("the Group"), together with their joint ventures and associates, achieved contractual sales attributable to shareholders of approximately RMB 2.5 billion and contractual sales floor area attributable to shareholders of approximately 340,000 square meters in April 2026.

Gelonghui FinanceMay 7 19:41

Country Garden (02007) issued 244 million shares following the conversion of its zero-coupon mandatory convertible bonds.

Country Garden (02007) announced that on May 7, 2026, the company issued 244 million shares based on zero-coupon mandatory convertible bonds maturing 78 months from June 30, 2025.

Zhitong FinanceMay 7 16:40

Shanghai: Study the introduction of inclusive youth housing policies to reduce rental burdens.

Gao Shi-yun, Director of the Shanghai Housing Administration Bureau, revealed that research is underway to introduce a universal youth housing policy aimed at further reducing the rental burden on young people. Gao stated that during the '15th Five-Year Plan' period, the supply of guaranteed rental housing in Shanghai will focus on systematic support for key groups, diversification of housing stock, and precise enhancement of supply-demand matching. Specifically, systematic support will precisely target frontline workers in urban operations, industry professionals, and the youth population. For diversified housing stock, measures such as converting underperforming commercial properties and acquiring small-sized second-hand units in central urban areas for use as guaranteed rental housing will be implemented. (ta/u)~

AASTOCKSMay 7 14:36

Shanghai's second-hand home online signing volume in April hit a decade-high for the same period.

According to online real estate data, the cumulative online signing volume of second-hand housing (including commercial properties) in Shanghai reached 28,700 units in April, marking a year-on-year increase of approximately 22.3% and setting a record high for the month of April over the past decade. The data also showed that on April 11, the daily online signing volume of second-hand housing in Shanghai reached 1,632 units, hitting a new high for single-day transactions in nearly five years. The total transaction volume for March and April amounted to approximately 59,200 units, representing the highest level in nearly five years.

AASTOCKSMay 7 13:56