Xiao Mo: It is believed that the property sector will maintain resilience before the Central Political Bureau Meeting in April, with preferred options being China Resources Land and China Resources Mixc Life.

date
05/02/2026
JPMorgan Chase published a research report stating that it is premature to assert that the Mainland property market has stabilized. They believe that the property sector may remain resilient until the Central Political Bureau meeting in late April, but volatility is expected to remain high. They currently recommend China Resources Land, China Resources Wanda Life, and China Jinmao as their top picks. They believe that their fundamentals can continue to support stock price outperformance, giving them all a "overweight" rating with target prices of HK$35, HK$46.5, and HK$1.75 respectively. The bank also mentioned that, in the potential rebound driven by policies, they expect Longfor to provide the best risk-return ratio, and therefore also gave them an "overweight" rating with a target price of HK$13.