Greater China Banks Daily "Qiushi again signals greater policy support f..."

研报英文原文证据摘录

Greater China Banks Daily "Qiushi again signals greater policy support f..."

Global Research

24 June 2026ab

Greater China Banks Daily Equities

ChinaQiushi again signals greater policy support for

China's property market; Banks shift mid-year Banks

assessments from point-in-time to daily-average MayAnalystYan

may.yan@ubs.com

+852-2971 7157

Qiushi again signals greater policy support for China's property market Alex Ye

Analyst

Caijing, Jun 23: China's policy journal Qiushi has again highlighted the need to stabilize S1460522090005

the property sector, reinforcing expectations of further policy support. In a recent alex.ye@ubs.com

commentary on boosting consumption, the journal argued that the prolonged housing +86 755 2215 8858

downturn has weakened household wealth effects and made consumers more cautious.

Catherine Yang, CFA

It called for faster repair of household balance sheets, stronger efforts to stabilise the Analyst

property market and measures to prevent falling asset prices from further undermining S1460526010003

confidence and consumption expectations. This marks the third time in roughly six catherine-za.yang@ubs.com

months that Qiushi has discussed housing-related issues, following an earlier article on +86-755-2215 8860

improving and stabilising market expectations. While the latest commentary does not Helen Li, CFA

constitute a formal policy announcement, its repeated emphasis on property suggests Analyst

that policymakers increasingly view housing stabilisation as integral to reviving domestic helen-za.li@ubs.com

demand. The signal is marginally positive for expectations of additional measures +852-2971 6066

targeting home purchases, inventory reduction and household confidence.

Banks shift mid-year assessments from point-in-time to daily-average