0118 GMT - Chinese home buyers' sentiment could be boosted by supportive monetary and fiscal policies, say UOB Kay Hian analysts in a note. The country's property sector still appears weak, based on August data from China's official statistics bureau. More property-specific policies from the central government are unlikely in the near term, as major Tier 1 cities have taken their own policy actions over the past month, they say. There also appears to be a clearer divergence within Tier 1 markets, they add, given that Shanghai and Shenzhen saw a strong sales rebound in September after both cities removed home-purchase restrictions in non-core regions. UOB KH maintains its market weight rating on the Chinese property sector, with China Resources Land as its top pick.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
September 17, 2025 21:18 ET (01:18 GMT)
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