China's Property Market Showed More Stabilization in April — Market Talk

About this update from Jinmao Property Services Co., Ltd.

China's property market showed greater signs of stabilization in April, according to Citi analysts in a research note. New home and secondary volumes in key cities returned to year-on-year growth in April, the analysts say. Sentiment has improved as the positive news flow has exerted growing influence on household expectations since November, the analysts note. Citi analysts view a slow recovery in key cities as an "optimal scenario" for property names amid policy support. Its preferred property names include Jinmao Property Services and China Overseas Land & Investment.([email protected])

View stock analysis, news, and events for Jinmao Property Services Co., Ltd.