CITIC Securities says over the past 20 years developers' success in land acquisition relied on contrarian buying enabled by smoother financing channels. As development shifts customized toward higher-quality, projects, plot location and planning cond

2026-09-09

CITIC Securities says over the past 20 years developers' success in land acquisition relied on contrarian buying enabled by smoother financing channels. As development shifts customized toward higher-quality, projects, plot location and planning conditions will increasingly outweigh timing of purchase. CITIC Securities warns land acquisition could become the critical step for quality development and that China’s land-market momentum may further bifurcate.