Chinese property developers continue to rally after Beijing unveiled a slew of policy measures to support the real estate sector and the four tier-one cities announced policy relaxation after the central government's call to stabilize the housing market.
Shimao Group is surging more than 80% in Hong Kong, Agile Group up 68%, Sino-Ocean Group up 64%, Sunac China up neariy 40% and China Vanke surging more than 35%.
China’s capital city Beijing has eased real estate policy after the central government called for stepped-up efforts to stabilize the housing market . . .
Sign In or Subscribe To Get Full Access.Â
LIMITED-TIME OFFER! DON'T MISS OUT!
Join us for real-time updates on the Chinese economy and financial market every trading day, with details and data you don't see anywhere else.
We’re committed to delivering value through our three-tier service:
- Real-time updates throughout trading hours, providing quick brief updates as the market moves.
- In-depth feature stories with data-driven analysis on key news and events of the day.
- China Market Weekly Recap, sent every Saturday, offering a comprehensive review of the week’s top stories and market trends.
Only want China Market Weekly Recap for now? Get it Here