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Markets

China property stocks more attractive on valuation, Citi says

(Agencies)
Updated: 2010-06-01 17:18
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China's property stocks are becoming more attractive after recent declines, Citigroup Inc analysts Markus Rosgen and Elaine Chu said in a report distributed today.

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China property stocks more attractive on valuation, Citi says Mainland, HK property 'retains allure'
China property stocks more attractive on valuation, Citi says Property tax may be levied

The analysts reduced the "underweight" for real estate and said the sector looked "exceedingly oversold."