Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>UBS: Too Early to Claim CN Property Mkt Recovery as Rents Yet to Rise
Recommend 42 Positive 54 Negative 34 |
|
|
|
|
Secondary home transactions in China's tier-one cities have rebounded since last month, accompanied by a decline in listings for sale and stabilizing home prices, sparking investor discussion over whether the market has bottomed out, UBS wrote in its research report. To the broker, it is still too early to declare a market recovery, given that rental prices have yet to increase. Among Chinese property developers, UBS favors CHINA RES LAND (01109.HK) and SEAZEN (01030.HK), mainly due to their business model transformation and accelerated asset turnover, which enhance return on equity. UBS also prefers CHINA RES MIXC (01209.HK), citing that an increase in third-party managed projects over the next five years is expected to strengthen its competitive advantage over peers. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
|
