Chinese Property Stocks Rally on Hope for More Policy Support

-- Shares of Chinese property developers extended a rally as investors expect Beijing to unveil more policy support after a Friday meeting to salvage the beleaguered market.Dow Average Touches 40,000 Before Pulling Back: Markets Wrap

“The meeting illustrates the Chinese government’s seriousness about the sector and we expect more concrete measures to be announced to address the property market’s problems,” said Raymond Cheng, head of China property research at CGS International Securities HK. China’s home sales plummeted about 47% in the first fourth months of this year, and unsold inventory is hovering at an eight-year high.How the ‘Harvard of Trading’ Ruined Thousands of Young People’s LivesMary Trump Thinks She Knows Exactly Why Ivanka And Don Jr. Haven't Turned Up In Court

Tom Williams/CQ-Roll Call, Inc via Getty ImagesMarjorie Taylor Greene wasted no time in suggesting that the shooting of Slovakian Prime Minister Robert Fico Wednesday could be linked to his position on COVID vaccines.

Source: News Formal (newsformal.com)

Property Developers Shimao Group Property Market Bloomberg News Agile Group Policy Support

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese Property Stocks Rally on Hope for More Policy SupportShares of Chinese property developers extended a rally as investors expect Beijing to unveil more policy support after a Friday meeting to salvage the beleaguered market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Shares of Chinese property developers rally on report of government plans to buy unsold homesHong Kong’s Hang Seng Mainland Properties Index closed up 4.9% to the highest since Nov 24
Source: globebusiness - 🏆 31. / 66 Read more »

Chinese property shares rally on stimulus hopesExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Chinese Stocks Stage a Rally That’s Yet to Convince Global Funds(Bloomberg) -- Chinese stocks may have bottomed, but money managers are reluctant to return en masse. Most Read from BloombergTrump Vows ‘Day One’ Executive ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Chinese Stocks Stage a Rally That’s Yet to Convince Global FundsChinese stocks may have bottomed, but money managers are reluctant to return en masse.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Hong Kong’s Stocks Rally Even With Key Chinese Investors Absent(Bloomberg) -- Hong Kong’s world-beating stock rally is showing no signs of letting up even with Chinese investors, a key buying force, out of action. Most...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »