Asia Pacific Equity Research 26 August 2025 Property Data Monitor Mainland China: leading indicators fell; HK: strong tourist arrivals / residential sell-through rates slowed Mainland China Hong Kong SAR See page 17 for analyst certification and important disclosures, including non-US analyst disclosures. J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectiv ...