According to JPMorgan Chase & Co., China's struggling property market may be at a pivotal point that could enhance the performance of the nation's stocks compared to other emerging markets. Rajiv Batra, a strategist at JPMorgan in Singapore, noted that the recovery in Hong Kong's real estate market is positively impacting major mainland cities. Recent government data revealed that while new-home prices fell in March, the decline was the slowest in nearly a year, and prices of used homes increased in 13 mainland cities, marking the most significant rise in almost three years. Batra expressed optimism, stating that after five years of correction, early signs of recovery in the property market are emerging. The MSCI Inc. index for mainland equities has gained nearly 4% in the past month, although it remains down 2.5% for the year, lagging behind a 15% increase in the broader MSCI emerging-market equity gauge. The anticipated recovery in the property market, alongside supportive government policies and advancements in sectors such as robotics and biotechnology, is expected to drive a 10% gain in Chinese stocks by year-end, according to asset manager Stephen Jen at Eurizon SLJ Capital.