Shenzhen's Easing Home-Buying Curbs Should Help Property Sales -- Market Talk

Dow Jones05-07

0654 GMT - China's latest attempt to help its property market--in the form of easing home-buying restrictions in Shenzhen--should help consumer sentiment, Nomura analysts Jizhou Dong and Riley Jin write in a research note. Sales recovered somewhat after a previous round of easing in the first-tier city in February, with March secondary home transactions in Shenzhen reaching their highest level in a year, they note. Nomura likes KE Holdings as a property sector proxy. It also favors China Resources Land and Longfor Group, noting that potentially stronger-than-expected or sooner-than-expected policy relaxations may help developers. The Hang Seng Mainland Properties Index is 1.0% higher. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

May 07, 2024 02:55 ET (06:55 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/2433481243?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-07 14:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2433481243","market":"nz","top_or_hot":-1,"title":"Shenzhen's Easing Home-Buying Curbs Should Help Property Sales -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0654 GMT - China's latest attempt to help its property market--in the form of easing home-buying restrictions in Shenzhen--should help consumer sentiment, Nomura analysts Jizhou Dong and Riley Jin write in a research note. Sales recovered somewhat after a previous round of easing in the first-tier city in February, with March secondary home transactions in Shenzhen reaching their highest level in a year, they note. Nomura likes KE Holdings as a property sector proxy. It also favors China Resources Land and Longfor Group, noting that potentially stronger-than-expected or sooner-than-expected policy relaxations may help developers. The Hang Seng Mainland Properties Index is 1.0% higher. (tracy.qu@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2024 02:55 ET (06:55 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>Shenzhen's Easing Home-Buying Curbs Should Help Property Sales -- 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\">\nShenzhen's Easing Home-Buying Curbs Should Help Property Sales -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-07 14:55 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>0654 GMT - China's latest attempt to help its property market--in the form of easing home-buying restrictions in Shenzhen--should help consumer sentiment, Nomura analysts Jizhou Dong and Riley Jin ...</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":"HBCP","symbol_name":"Home合众银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2433481243","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433481243","pubTimestamp":1715064900,"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":"0654 GMT - China's latest attempt to help its property market--in the form of easing home-buying restrictions in Shenzhen--should help consumer sentiment, Nomura analysts Jizhou Dong and Riley Jin write in a research note. Sales recovered somewhat after a previous round of easing in the first-tier city in February, with March secondary home transactions in Shenzhen reaching their highest level in a year, they note. Nomura likes KE Holdings as a property sector proxy. It also favors China Resources Land and Longfor Group, noting that potentially stronger-than-expected or sooner-than-expected policy relaxations may help developers. The Hang Seng Mainland Properties Index is 1.0% higher. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HBCP":"Home合众银行","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"深圳放松购房限制应该有助于房地产销售——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":1,"HBCP":1,"RS1.SI":1},"content_text":"0654 GMT - China's latest attempt to help its property market--in the form of easing home-buying restrictions in Shenzhen--should help consumer sentiment, Nomura analysts Jizhou Dong and Riley Jin write in a research note. Sales recovered somewhat after a previous round of easing in the first-tier city in February, with March secondary home transactions in Shenzhen reaching their highest level in a year, they note. Nomura likes KE Holdings as a property sector proxy. It also favors China Resources Land and Longfor Group, noting that potentially stronger-than-expected or sooner-than-expected policy relaxations may help developers. The Hang Seng Mainland Properties Index is 1.0% higher. (tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2024 02:55 ET (06:55 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"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":"4.28.1","shortVersion":"4.28.1","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/2433481243"}