Citi Bullish on CN Home Stocks' Rally From Aug to Oct; Prefers CHINA OVERSEAS , C&D INTL GROUP , CHINA RES LAND , BEKE-W and CHINA JINMAO

Citi released a research report saying that supply and demand in core Mainland Chinese cities are becoming healthier, and driven by continued strong market transactions, sales growth of CN Home stocks in September is expected to accelerate. Meanwhile, authorities recently revised the Housing Provident Fund Management Regulations, expanding withdrawal purposes to home renovation and property management fees, which will benefit fee collection and value-added service business development in the property management sector.

The broker believed that developers will launch more new property projects in September, which may drive a rally in the CN Home sector from August to October. Its top picks include CHINA OVERSEAS (00688.HK) +0.370 (+2.650%) Short selling $62.26M; Ratio 24.084% , C&D INTL GROUP (01908.HK) +0.490 (+3.072%) Short selling $11.47M; Ratio 28.564% , CHINA RES LAND (01109.HK) +1.240 (+3.630%) Short selling $99.28M; Ratio 31.649% , BEKE-W (02423.HK) +0.680 (+1.525%) Short selling $23.98M; Ratio 22.697% and CHINA JINMAO (00817.HK) +0.040 (+2.730%) Short selling $6.24M; Ratio 14.959% . (gc/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-20 12:25.)