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) -0.260 (-0.714%) Short selling $364.81M; Ratio 38.312% and SEAZEN (01030.HK) -0.050 (-2.732%) Short selling $5.14M; Ratio 9.919% , mainly due to their business model transformation and accelerated asset turnover, which enhance return on equity.Related News Daiwa: CN Home May Sales Further Improve with Recovery in Tier-1 Cities; Top Picks CHINA RES LAND (01109.HK), CHINA OVERSEAS (00688.HK)UBS also prefers CHINA RES MIXC (01209.HK) +0.580 (+1.365%) Short selling $103.55M; Ratio 38.189% , citing that an increase in third-party managed projects over the next five years is expected to strengthen its competitive advantage over peers.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 16:25.)
AASTOCKS Financial News