Chinese property stocks climb as China calls for stabilizing real estate market

Logan

12/12/2025 03:58

** Chinese property stocks rise as Central Economic Work Conference called for efforts to stablilize the property market, sending Hong Kong's Hang Seng Mainland Properties Index .HSMPI up as much as 1.6%, and China's CSI 300 Real Estate Index .CSI000952 up 1.1%

** Hong Kong shares of China Vanke 2202.HK rise as much as 5.6% and Shenzhen-listed stock 000002.SZ up 2.8%

** Logan Group 3380.HK surge 5%, New World Development 0017.HK rises 2.7%

** In China, Poly Development 600048.SS and China Merchants Shekou Industrial Zone 001979.SZ climb 1.7% and 1.6% respectively

** The annual Central Economic Work Conference, which held December 10–11, called for efforts to stabilise property market by implementing city-specific measures to control new construction, reduce inventory, and optimize supply

** Chinese leaders promised on Thursday to maintain a "proactive" fiscal policy next year that would stimulate both consumption and investment to maintain high economic growth, which analysts expect Beijing to target at roughly 5%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))