Fundamentals still favour Chinese property stocks
Analysts expect more price declines in certain cities and suggest investors look north to make the most of a demand-driven rebound.
Chinese property stocks have been one of the worst hit sectors in the current market downturn, which entered its fourth month last week. But even as investors are at pains to avoid the sector, analysts project the trough is near and suggest it could be time to exchange the selling for some bargain hunting as fundamentals remain favourable.
Not every laggard property stock will be a winner though, and with fundamentals and earnings growth likely to be a key focus...
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