Broader Recovery in China's Property Sector Needs More Time -- Market Talk
Dow Jones
Yesterday
1003 GMT - A broader Chinese property-sector recovery still needs time, HSBC analysts say in a note. Recent data for tier-one cities show an improvement in property sales both in terms of primary and secondary markets, HSBC notes. However, the overall property sector has yet to fully stabilize, with April data showing property investment fell 20% on year. "Smaller cities may still need more policy support from the central government," HSBC says. It would also take some time for the stabilization of the property sector to boost consumption, the bank adds. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
May 22, 2026 06:03 ET (10:03 GMT)
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