The Hang Seng rose 141 points, or 0.5%, to finish at 27,968 on Thursday, reversing morning weakness and reaching a 4-1/2 year high, supported mainly by gains in the property and financial sectors. Property shares jumped 1.8%, tracking mainland peers, after Chinese authorities scrapped the requirement for developers to report monthly data tied to caps on debt-to-cash, debt-to-assets, and debt-to-equity ratios, measures introduced in 2020 as conditions for accessing new lending. Following the policy signal, Longfor Group surged 5.2%, followed by China Overseas Land (5.4%), and China Resources Land (4.4%). Financial stocks also logged solid gains after Hong Kong kept its base rate unchanged at 4.0%, mirroring the U.S. Fed’s earlier decision under the city’s currency peg system. AIA Group climbed 2.2%, while China Construction Bank and China Taiping Insurance rose 1.4%, respectively. In contrast, casino operator Sands China tumbled 7.2% after reporting weaker-than-expected profitability.