** Chinese property stocks rise as Central Economic Work Conference called for efforts to stablilize the property market, sending Hong Kong's Hang Seng Mainland Properties Index HSI:HSMPI up as much as 1.6%, and China's CSI 300 Real Estate Index SSE:000952 up 1.1%
** Hong Kong shares of China Vanke SZSE:000002 rise as much as 5.6% and Shenzhen-listed stock SZSE:000002 up 2.8%
** Logan Group HKEX:3380 surge 5%, New World Development HKEX:17 rises 2.7%
** In China, Poly Development SSE:600048 and China Merchants Shekou Industrial Zone SZSE:001979 climb 1.7% and 1.6% respectively
** The annual Central Economic Work Conference, which held December 10–11, called for efforts to stabilise property market by implementing city-specific measures to control new construction, reduce inventory, and optimize supply
** Chinese leaders promised on Thursday to maintain a "proactive" fiscal policy next year that would stimulate both consumption and investment to maintain high economic growth, which analysts expect Beijing to target at roughly 5%