Investors see no end in sight to China property slump

Housing inventories swell to 5 times annual sales as 'zombie' developers linger

20250516N China property

Housing inventories in China have swelled even as developers face pressure from creditors in Hong Kong courts. © Reuters

KENSAKU IHARA

HONG KONG -- While China's efforts to prevent its real estate slump from triggering a financial crisis have buoyed bank stocks, property shares remain weak in a sign that investors are unconvinced that the market has stabilized.

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