Chinese Property Stocks Jump on Expectation of More Stimulus
2 Articles
2 Articles
In China, expectations of government support triggered a jump in developer shares. Shares of Chinese developers, including China Vanke, rose 3% on expectations of additional measures to support the real estate market. Shanghai has already eased restrictions on home purchases, and new measures may be taken in September.
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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