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Chinese property developers rallied for a second straight day on Thursday, with many homebuilders skyrocketing by more than 40%, after the country's top regulators threw the struggling real estate sector a lifeline amid growing pressures at home and abroad.
Hong Kong-listed shares of Sunac China, the country's third-largest property developer by sales, surged by 59% and Country Garden, China's largest homebuilder, soared 28.4%. Property management companies also rallied, with . . .
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