0354 GMT - China may not introduce strong property stimulus in the near term, UOB Kay Hian analysts say in a research note. The analysts note that urbanization wasn't mentioned at the latest Politburo meeting before the central economic work conference, signaling a much lower possibility of strong property stimulus in the near term. Still, UOB views urbanization as a long-term structural strategy for China. With weakened buyer sentiment, especially in Tier-1 cities, China's property industry could experience further downward pressure, they note. They expect stronger stimulus measures in 2H 2026. China Resources Land is UOB's top pick given its ability to achieve earnings outperformance within the industry. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

December 10, 2025 22:54 ET (03:54 GMT)

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