sday showed China"s property investment rose 0.3% in August, the slowest pace in 18 months, while growth in new home prices eased an eight-month low. read more Authorities in China have stepped up efforts to rein in a red-hot property market, which rebounded sharply from last year"s COVID-19 shock. For now, analysts expect policymakers to prioritise stability and maintain their property curbs and restrictions on carbon emissions, even if it means a deeper hit to the economy. "We think Beijing is willing to shoulder some short-term pain in order to seek long-term gains," Nomura said.