地产数据监测：中国内地新房销售同比下降 45%；香港房价年初至今上涨 5%-Property Data Monitor_ Mainland China_ Primary sales down 45% Y_Y; HK_ Home prices up 5% YTD

J P M O R G A N Asia Pacific Equity Research 22 December 2025 Property Data Monitor Mainland China: Primary sales down 45% Y/Y; HK: Home prices up 5% YTD 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 objectivity of this report. I ...