DBS: China Property Weekly Digest – COLI (688 HK), COGO (81 HK), Longfor (960 HK) and CR Land (1109 HK)

China Property Weekly Digest : Signs of market sentiment stabilising

• Average short-selling interest in the sector fell 4pct w-o-w to 13% last week. Average southbound interest picked up 5bps to 6.96%
• MOHURD added the fully releasing of residential housing demand as one of its policy priorities in 2022
• Average MTD weekly GFA sold in 26 cities we track fell by 34% y-o-y over the past week
• Sector top picks: COLI (688 HK), COGO (81 HK), Longfor (960 HK) and CR Land (1109 HK)