Shares of China Resources Land Co. Ltd. surged 5.08% on Wednesday, driven by growing optimism over a potential revival in China's property market next year.
Market analysts are anticipating a rebound in property transaction volumes across the country in 2025, marking the first year of growth since 2022. This projection comes after an analyst from CGS International visited several residential projects in southern China's Greater Bay Area and observed signs of a market bottom in terms of transaction volume.
The Chinese central government's resolute stance in rescuing the struggling property sector has fueled expectations of more supportive policies and faster implementation. This development has bolstered investor confidence in state-owned property developers like China Resources Land, which are well-positioned to capitalize on the anticipated market recovery.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。