According to brokerage China, foreign giants are suddenly rarely booming over the Chinese real estate market, which has attracted attention. John LaMJ, an analyst in charge of real estate research at UBS Greater China, said in a recent interview: “After three years of bearishness, we are more optimistic about the Chinese real estate industry for the first time due to government aid.” He anticipates that domestic housing demand and supply will return to historical averages sometime next year, and the stocks of major Chinese real estate developers may rebound. It is worth mentioning that John Lam gave China Evergrande Group a rare “sell” rating in early 2021 and lowered the target price from HK$14.5 to HK$6. He was the only analyst to give Evergrande a sales rating, which shocked the market. Standing now, John Lam believes that after undergoing adjustments, China's real estate industry is preparing for a slow recovery.