“There are indeed clients choosing to reduce their exposure to the property sector, but it’s not a common phenomenon,” said an investment strategist at a private banking arm of a large state-owned bank. Bankers also don’t expect investors to simply dump their real estate because the market cools. “Unless someone has an especially big portion of their assets invested in property, he or she would not be in a hurry to sell,” said Wang Jing, a deputy general manager at China Merchants Bank’s private banking arm.