China's cities relaxed their property market measures successively. After Hangzhou and Xi'an announced the cancellation of home purchase restriction policy, Zhengzhou is reported to launch the second-hand home trade-in program, while Hefei also implemented the home purchase subsidy.

SHIMAO GROUP (00813.HK)  0.000 (0.000%)   's incline once expanded to 93% after midday, and triggered the volatility control mechanism. The stock peaked at $1.16, hitting a new high since September 2023, and last printed at $1.1, up 83.33%. Volume rallied to 954 million shares, involving $875 million. After increasing for 2 consecutive days, today's high is 1.4x higher than Wednesday's (8th) closing price of $0.45.

CHINASOUTHCITY (01668.HK)  0.000 (0.000%)   's incline also expanded significantly in the afternoon session. It last printed at $0.31, spiking 51.96%, with 800 million shares traded, involving $226 million.

In addition, a number of Chinese developers shot up over 20%. CHINA AOYUAN (03883.HK)  0.000 (0.000%)   last printed at $0.182, up 29.08%, while FANTASIA (01777.HK)  0.000 (0.000%)   last printed at $0.047, up 23.68%.

KAISA GROUP (01638.HK)  0.000 (0.000%)   last printed at $0.131, rocketing 19.09%, while AGILE GROUP (03383.HK)  0.000 (0.000%)   last escalated 16.95% to $0.69.
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