Global Research ab 29 January 2026 First Read China Property Our thoughts on recent rally Our thoughts on recent rally Chinese property developers rallied by 8% on average today. We think this is due to 1) relaxation of Three Red Lines (see news) to developers, 2) recent recovery of secondary transaction and housing price stabilization in tier 1 cities. Based on our channel checks with developers and property agents, it is still too early to call for a stabilization. First, they view the recent secondary tr ...