Among the gainers will be China Resources Land (1109.HK), a property developer and manager. Its stock prices have ducked the market slump of last August, so share purchases would be for long-term safety rather than short-term profits.

Its massive parent company China Resources Group (0291.HK), an importer and operator of upper-end supermarkets, gives the developer extra strong backing.

On Nasdaq, fellow builder China HGS Real Estate ( HGSH) should grow as it pursues commercial as well as residential high-rises in the country's fast-expanding third-tier and fourth-tier cities. Share prices of the 17-year-old firm based in west-central China have tumbled 80% since August. But in five years, probably sooner, expect dividends.

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