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China May Step Up Property Stimulus at Politburo Meeting -- Market Talk

Dow Jones
Apr 24

0813 GMT - Beijing may set the direction for new property-sector policies at China's upcoming Politburo meeting this month, UOB Kay Hian analysts say in a research note. The Politburo meeting held at the end of April typically provides guidance on policies for the first half of the year, the analysts note. Chinese Premier Li Qiang's recent remarks calling for a bigger push to expand domestic demand points to likely further upside for the property sector. China Resources Land remains UOB's top pick in the sector, adding that CR Land will benefit from both supportive property policies and consumption stimulus in 2025. UOB maintains an overweight rating on the China property sector. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 04:13 ET (08:13 GMT)

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