0924 GMT - China's property market is likely to continue to recover in the near term, CCB International analysts say in a research note. The property sector has seen a strong recovery in October, due to earlier stimulus measures, the analysts say. Although some investors are skeptical about the sustainability of the recovery path, CCB thinks China has shown its determination for support. If property sales miss expectations in the following months, China is likely to roll out more stimulus measures, they add. CCB's most preferred stocks in the sector are China Overseas Land & Investment, Greentown China and Longfor Group. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
November 04, 2024 04:24 ET (09:24 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。