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DBS: China Property Weekly Digest

Posted on August 19, 2022August 19, 2022 By alanyeo No Comments on DBS: China Property Weekly Digest
China Property Weekly Digest: Limited pickup in project launches
  • Average weekly GFA sold in 27 cities we track fell 14.5% w-o-w for the week ended 12 Aug, with the MTD average down by a wider 30.6% vs Aug-21
  • No. of new projects launched in 11 key Tier 1 and 2 cities last week slightly recovered w-o-w, but the MTD average declined by 43% from Jul-22’s average level
  • There were no new project launches in Tier 1 cities for the third straight week; average sell-through rate for the 11 key Tier 1 and 2 cities was largely stable at 40%
  • Average short-selling interest down 2pts to 16% last week; Average southbound interest rose 6bps to 8.49%
China-Property-Weekly-Digest_17-Aug-2022_HK_IFClick here to Download Full Report in PDF

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Research - Equities Tags:China Property

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