Gold Guard Financial News | JPMorgan's report pointed out that mainland real estate stocks rose by 21% yesterday (2nd), compared to a 6% increase in the Hang Seng Index. Some financially troubled companies even surged by 40% to 50%.
The bank believes that if support from central data or policies falls short of expectations, mainland real estate stocks may experience a sharp pullback. However, it is recommended to seek opportunities in property management stocks at low levels considering risks and valuations. The bank believes that China Resources Land (01109), China Resources MixC (01209), and Poly Property Services (06049) still have upside potential.