Chinese property developers rally as more regions ease property curbs

china housing market

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Shares of Chinese property developers staged a strong rally on Wednesday amid improving market sentiments as more regions ease property curbs.

An index tracking mainland-listed shares of homebuilders, compiled by the financial data provider Wind Information, surging by 5.5% on Wednesday, making it the best-performing sector in the A-share market. Nearly 20 homebuilders surged by the daily limit of 10%.

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