Hong Kong property stocks soared today as investors reacted positively to the government’s latest policy initiatives. Shares in major developers saw substantial gains, driving the Hang Seng Index higher.

The policy changes are aimed at stabilizing the property market and promoting sustainable growth. Analysts believe these measures will encourage investment and boost buyer confidence.

Several property analysts have revised their outlook for the sector, citing the potential for increased sales and higher property values. The positive sentiment is expected to continue in the short term, with further gains anticipated in the coming weeks.