Country Garden's stock (02007.HK) soared 6.02% in intraday trading, reflecting a strong performance within the broader mainland Chinese real estate sector. The significant uptick comes as investors show renewed interest in property developers, driving up stock prices across the sector.

The rally in Country Garden's shares aligns with a sector-wide surge observed in other major Chinese real estate companies. Notable gainers include R&F Properties, which saw a remarkable 9.8% increase, followed by Shimao Group and SUNAC, rising 8% and 7% respectively. Other prominent players in the sector, such as Seazen, Greentown, and China Vanke, also experienced significant gains of around 4%.

While specific catalysts for the sector-wide rally have not been explicitly stated, the synchronized movement suggests a potential shift in investor sentiment towards Chinese real estate stocks. This could be driven by various factors, such as policy expectations, improved market conditions, or positive economic indicators affecting the property market. As one of the major players in the Chinese real estate market, Country Garden appears to be benefiting from this broader positive trend.