SUNAC & EVERGRANDE Rally

The market is keeping eyes wide open on the end of voting on the extension of eight domestic bonds for $COUNTRY GARDEN (02007.HK)$ tonight. CG slumped 3.7% and it series $CG SERVICES (06098.HK)$ plummeted 2.3%. Whereas Dalian lifted housing purchase restriction, Dongguan allowed provident fund to be used for down payment. Unexcited by the relaxation, $CHINA VANKE (02202.HK)$ , $GREENTOWN CHINA (03900.HK)$ and $LONGFOR GROUP (00960.HK)$ cratered 3.7%-4%. $CHINA OVERSEAS (00688.HK)$ tumbled 2.7%. Yet, $SUNAC (01918.HK)$ and $EVERGRANDE (03333.HK)$ rocketed more than 20% each, whereas $SINO-OCEAN GP (03377.HK)$ surged 7.1%.