GO
| HSI1 | 25,893.54 | +141.14 | 246.32B |
| HSCEI1 | 8,655.04 | +43.21 | 75.28B |
| Back Zoom + Zoom - Block Traded | |
|
2026-04-09 10:08:54 Chinese property developers remain broadly cautious on the outlook for the property market, but some state-owned developers expect gross margin and earnings to start picking up from 2026 on improved margins in development properties and steady growth in rental income, Morgan Stanley's report said. The report also indicated that Morgan Stanley had predicted a pullback after a sentiment-driven rebound at the end of January. In 2Q26, the real estate sector may still underperform the market, as renewed weakness in property prices would further weigh on market sentiment. Morgan Stanley remains positive on CHINA RES LAND (01109.HK), SEAZEN HOLDINGS (601155.SS), and C&D INTL GROUP (01908.HK). In contrast, the broker is still bearish on GREENTOWN CHINA (03900.HK), VANKE A (000002.SZ), and GEMDALE (600383.SS). Company｜Investment Rating｜Target Price MERCHANTS SHEKOU (001979.SZ)｜Equalweight｜RMB8.31->RMB7.03 GEMDALE (600383.SH)｜Underweight｜RMB2.12->RMB1.1 LONGFOR GROUP (00960.HK)｜Equalweight｜HKD8.2->HKD8 VANKE A (000002.SZ)｜Underweight｜RMB2.7->RMB2.15 CHINA VANKE (02202.HK)｜Equalweight｜HKD3->HKD2.45 ~ AAStocks Financial News Web Site: www.aastocks.com | |