China Property Shares Jump on Report of Government Plans to Buy Unsold Homes usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
HONG KONG (Reuters) -Shares of Chinese property developers jumped on Thursday, after a report that China is considering a plan for local governments nationwide to buy millions of unsold homes from distressed companies to ease a protracted property crisis. Hong Kong's markets were closed on Wednesday for a public holiday.
By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase restric.
Shares of Chinese
property developers rallied on Monday on market speculation that
more stimulus measures are likely to be unveiled this week aimed
at clearing inventory and boosting home purchase.
Chinese Property Shares Rally on Stimulus Hopes usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.