Mainland cities have been relaxing their property market measures one after another. Foshan, Guangdong released 13 new real estate policies, including optimising the rules for calculating plot ratio, instalment payment of land transfer price, encouraging support for the replacement of old housing units with new ones, and relaxing the policy on household purchase.Second-tier Chinese property stocks continue to be sought after. SHIMAO GROUP (00813.HK) +0.010 (+1.370%) rallied for the third consecutive trading day, opening 2.08% higher today and peaking at $1.31. It now trades at $1.23, skyrocketing 28.13%, with 332 million shares traded, involving $390 million. Today's high is 1.9x higher than last Wednesday's (8 May) closing price of $0.45.Related NewsCiti: CN Property Mkt Still in Recovery as Soft Landing Coming; CR LAND, BEKE Among Top PicksCHINA AOYUAN (03883.HK) 0.000 (0.000%) opened 5.56% higher and further expanded its gains, logging a high at $0.26. It now trades at $0.255, surging 41.67%. CHINASOUTHCITY (01668.HK) +0.001 (+0.575%) trades now at $0.35, mushrooming 18.64%. KAISA GROUP (01638.HK) -0.002 (-1.754%) stands now at $0.156, soaring 23.81%. AGILE GROUP (03383.HK) -0.005 (-1.042%) Short selling $790.69K; Ratio 16.223% anchors now at $0.7, rising 4.48%.Meanwhile, top-tier mainland homebuilders are under pressure. CHINA OVERSEAS (00688.HK) -0.020 (-0.159%) Short selling $50.11M; Ratio 32.743% trades now at $15.02, dropping 2.47%. CHINA RES LAND (01109.HK) -0.450 (-1.840%) Short selling $63.11M; Ratio 10.073% is now trading at $31.05, descending 3.27%. CHINA VANKE (02202.HK) +0.070 (+1.699%) Short selling $24.18M; Ratio 24.182% is now anchoring at $4.92, falling 1.2%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-26 16:25.)Related NewsBOCI Cuts CHINA RES LAND (01109.HK) TP to $36.1, Maintains Buy