Chinese House Price Index YoY (Dec) Y/Y -2.7% vs. Exp. -2.6% (Prev. -2.4%)
The Chinese House Price Index's year-over-year decline of -2.7% slightly exceeded expectations of -2.6% and worsened from the previous -2.4%.
Japanese PM Takaichi is to host a press conference from 18:00JST / 09:00GMT about the snap election
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Chinese House Price Index YoY (Dec) Y/Y -2.7% vs. Exp. -2.6% (Prev. -2.4%)
PBoC injects CNY 158.3bln via 7-day reverse repos with the rate maintained at 1.40%
PRE-MARKET CHINESE STOCK NEWS
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This deeper drop may signal ongoing weakness in the property market, which could impact consumer confidence and broader economic recovery. Traders should monitor any potential policy responses aimed at stabilizing this sector or mitigating further declines.
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