24-04-2025
Citi Says ‘Good Time' to Accumulate Chinese Property Stocks
Citigroup Inc. strategists called on investors to build positions in Chinese property stocks, as policy support and better management practices are expected to improve the sector's profitability.
'We reckon it is a good time to accumulate China property sector over a two-year horizon, with ongoing return-on-equity improvement on asset turn and pricing,' analysts Griffin Chan and Cindy Li wrote in a Wednesday note.