• CBIRC, PBoC and CSRC have pledged to maintain a normal refinancing environment for the property sector. The Politburo has also emphasized on the promotion of a healthy commodity housing market to cater for homebuyers’ needs
  • Average short-selling interest in the sector dropped 2ppts to 17% last week
  • Sector’s average southbound interest edged up slightly to 6.49%
  • Sector top picks: COLI (688 HK), and Country Garden (2007 HK)