China's Latest Property Market Data Was a Mixed Bag -- Market Talk

Dow Jones

2025/05/20

0613 GMT - China's latest nationwide property figures were a mixed bag, Daiwa analysts write in a note. The stabilization trend in the property market is still intact, but the recovery momentum is losing steam due to the shrinking pipeline, growing sales base and absence of stimulus hopes, they say. Residential property sales value dropped 6.6% on-year in April to 550 billion yuan, Daiwa says. The construction and investment figures remained sluggish in the first four months of 2025, underscoring developers' caution about a property market recovery, they say. Daiwa remains cautious about share prices of China's property names in the near term. China Resources Land and China Overseas Land & Investment remain its long-term picks. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

May 20, 2025 02:13 ET (06:13 GMT)

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The stabilization trend in the property market is still intact, but the recovery momentum is losing steam due to the shrinking pipeline, growing sales base and absence of stimulus hopes, they say. Residential property sales value dropped 6.6% on-year in April to 550 billion yuan, Daiwa says. The construction and investment figures remained sluggish in the first four months of 2025, underscoring developers' caution about a property market recovery, they say. Daiwa remains cautious about share prices of China's property names in the near term. China Resources Land and China Overseas Land &amp; Investment remain its long-term picks. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2025 02:13 ET (06:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Latest Property Market Data Was a Mixed Bag -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Latest Property Market Data Was a Mixed Bag -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-05-20 14:13</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0613 GMT - China's latest nationwide property figures were a mixed bag, Daiwa analysts write in a note. The stabilization trend in the property market is still intact, but the recovery momentum is losing steam due to the shrinking pipeline, growing sales base and absence of stimulus hopes, they say. Residential property sales value dropped 6.6% on-year in April to 550 billion yuan, Daiwa says. The construction and investment figures remained sluggish in the first four months of 2025, underscoring developers' caution about a property market recovery, they say. Daiwa remains cautious about share prices of China's property names in the near term. China Resources Land and China Overseas Land &amp; Investment remain its long-term picks. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2025 02:13 ET (06:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BVYPNQ40.USD","symbol_name":"GUINNESS ASIAN EQUITY INCOME \"C\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2536766276","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536766276","pubTimestamp":1747721580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0613 GMT - China's latest nationwide property figures were a mixed bag, Daiwa analysts write in a note. The stabilization trend in the property market is still intact, but the recovery momentum is losing steam due to the shrinking pipeline, growing sales base and absence of stimulus hopes, they say. Residential property sales value dropped 6.6% on-year in April to 550 billion yuan, Daiwa says. The construction and investment figures remained sluggish in the first four months of 2025, underscoring developers' caution about a property market recovery, they say. Daiwa remains cautious about share prices of China's property names in the near term. China Resources Land and China Overseas Land & Investment remain its long-term picks. 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The stabilization trend in the property market is still intact, but the recovery momentum is losing steam due to the shrinking pipeline, growing sales base and absence of stimulus hopes, they say. Residential property sales value dropped 6.6% on-year in April to 550 billion yuan, Daiwa says. The construction and investment figures remained sluggish in the first four months of 2025, underscoring developers' caution about a property market recovery, they say. Daiwa remains cautious about share prices of China's property names in the near term. China Resources Land and China Overseas Land & Investment remain its long-term picks. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 20, 2025 02:13 ET (06:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}