0510 GMT - China's cooling high-end real-estate market is raising short-term uncertainties, HSBC analysts say in a research note, and call for more policy support. Developers' project launches have been delayed slightly due to subdued sales momentum. However, some lower-tier cities have shown greater resilience than top-tier cities, as price corrections were front-loaded, they say. "The property market is entering a period of softened sentiment, stuck in a policy vacuum," they say. Hence, any news on policy could be a catalyst for these stocks, they add. HSBC's key picks are China Resources Land, C&D International Investment Group, and Seazen Group. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
November 13, 2025 00:10 ET (05:10 GMT)
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