**Highlights of the Article:**
1. Hong Kong developers’ stocks rose after the scrapping of property cooling measures by Financial Secretary Paul Chan in an effort to boost the sector affected by high borrowing costs and weak economic sentiment.
2. The announcement led to a jump of 2.4% in the Hang Seng Property index, with various developers such as New World Development, Hysan Development, Sun Hung Kai Properties, CK Asset, and Henderson Land Development experiencing positive stock movements.
3. The adjustments in stamp duties and buy-side tightening measures are expected to stimulate transaction volumes in the property market, potentially leading to a rise in property prices by the end of the year. Furthermore, Hong Kong’s Monetary Authority is set to make announcements regarding property lending policies.
**Summary:**
Editorial content by Blake Sterling
