0835 GMT - China's property market could be bottoming out after secondary market transactions in January showed improvements in some cities, say DBS Group Research analysts in commentary. New secondary property listings in cities including Shanghai also declined, which could indicate stabilizing home-buyer confidence as sellers aren't rushing to offload properties, the analysts say. However, the soft primary sales market suggests sustained recovery has yet to happen, they add. DBS expects physical market weakness to persist into 1Q, partly thanks to a high base. Policy tailwinds, such as Shanghai's second-home repurchase program for certain properties, could also drive share-price performance ahead of the earnings season, the bank says. China Overseas Grand Oceans, China Overseas Land & Investment and China Resources Land could benefit from solid landbank replenishment, DBS says. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 04, 2026 03:35 ET (08:35 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments