On October 6, SUNAC rose over 11% in regular trading as mortgage fee subsidy policies were enacted nationwide. Implementation details for August's property stimulus package provide housing cost reductions of around 5%, triggering recovery anticipation across major cities.

The policy formally lowers purchasing barriers for first-time homebuyers amid China's transition to a new property market paradigm. Sector-wide momentum has strengthened through September, with multiple peers gaining amid market structure transformation. Speculation around mortgage concessions had previously driven similar moves despite concerns about developer profitability pressures under evolving regulations.

Meanwhile, SHIMAO GROUP rose more than 10%, CHINA VANKE gained over 6%, and COUNTRY GARDEN and GREENTOWN CHINA each climbed more than 4%.

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