Chinese Property Market Still Hurt by Price Trends, Low Confidence -- Market Talk

Dow Jones01-29

0423 GMT - The easing of home purchase restrictions in China's Guangzhou is likely to have limited impact on the local housing market given that those policies were already relatively loose, Nomura analysts Jizhou Dong and Riley Jin write in a research note. The easing in Guangzhou could help with demand for home upgrading but softer home price trends and low homebuyers confidence could continue to dampen sales, they add. In the short term, market sentiment may helped by recent government support in the sector, with Longfor and Seazen Group shares likely to outperform, but Nomura remains cautious on the Chinese property sector long term, until there are meaningful measures from Beijing or a bottoming of property sales sentiment. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

January 28, 2024 23:23 ET (04:23 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2407000196?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-29 12:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2407000196","market":"sh","top_or_hot":-1,"title":"Chinese Property Market Still Hurt by Price Trends, Low Confidence -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0423 GMT - The easing of home purchase restrictions in China's Guangzhou is likely to have limited impact on the local housing market given that those policies were already relatively loose, Nomura analysts Jizhou Dong and Riley Jin write in a research note. The easing in Guangzhou could help with demand for home upgrading but softer home price trends and low homebuyers confidence could continue to dampen sales, they add. In the short term, market sentiment may helped by recent government support in the sector, with Longfor and Seazen Group shares likely to outperform, but Nomura remains cautious on the Chinese property sector long term, until there are meaningful measures from Beijing or a bottoming of property sales sentiment. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2024 23:23 ET (04:23 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Property Market Still Hurt by Price Trends, Low Confidence -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Property Market Still Hurt by Price Trends, Low Confidence -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-29 12:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0423 GMT - The easing of home purchase restrictions in China's Guangzhou is likely to have limited impact on the local housing market given that those policies were already relatively loose, Nomura ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00960","symbol_name":"龙湖集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2407000196","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2407000196","pubTimestamp":1706502180,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0423 GMT - The easing of home purchase restrictions in China's Guangzhou is likely to have limited impact on the local housing market given that those policies were already relatively loose, Nomura analysts Jizhou Dong and Riley Jin write in a research note. The easing in Guangzhou could help with demand for home upgrading but softer home price trends and low homebuyers confidence could continue to dampen sales, they add. In the short term, market sentiment may helped by recent government support in the sector, with Longfor and Seazen Group shares likely to outperform, but Nomura remains cautious on the Chinese property sector long term, until there are meaningful measures from Beijing or a bottoming of property sales sentiment. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00960":"龙湖集团","01030":"新城发展","BK1585":"昨日强势股","BK1555":"内房股","BK1240":"房地产开发","CFA.SI":"NikkoAM-STC Asia REIT","BK1521":"挪威政府全球养老基金持仓","BK1589":"北水核心资产"},"translate_title":"中国房地产市场仍受价格走势影响，信心低迷——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":1,"RS1.SI":1,"00960":0.9,"01030":0.9},"content_text":"0423 GMT - The easing of home purchase restrictions in China's Guangzhou is likely to have limited impact on the local housing market given that those policies were already relatively loose, Nomura analysts Jizhou Dong and Riley Jin write in a research note. The easing in Guangzhou could help with demand for home upgrading but softer home price trends and low homebuyers confidence could continue to dampen sales, they add. In the short term, market sentiment may helped by recent government support in the sector, with Longfor and Seazen Group shares likely to outperform, but Nomura remains cautious on the Chinese property sector long term, until there are meaningful measures from Beijing or a bottoming of property sales sentiment. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 28, 2024 23:23 ET (04:23 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2407000196"}