OREANDA-NEWS. Fitch Ratings says in its latest China Property Watch that China's housing market continued to recover in May 2015 as contracted sales growth accelerated and new home prices jumped in more cities.

Chinese homebuilders have been conserving liquidity while their offshore bond financing has remained weak. Most Fitch-rated entities reported solid growth in contracted sales in May.

The full report "China Property Watch - June 2015" is available at www.fitchratings.com or by clicking the link in this media release.