0427 GMT - Chinese real estate developers could benefit from more government policy support measures, according to Morningstar analyst Jeff Zhang in a research note. Shares of main Chinese real estate developers have posted a material rerating since April, on policy-induced rise in property sales, after a lukewarm first-quarter, the analyst says. "Despite the transitory pickup in home demand, we expect more buyer-friendly measures to underpin the recovery in sales and prices," he says. Shares of state-owned China Overseas Land & Investment remain attractive, supported by the healthy growth trend in their contracted sales, he says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
May 22, 2026 00:27 ET (04:27 GMT)
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