China property shares jump as major cities ease buying curbs
Real Estate
HONG KONG: Shares of China property developers surged on Monday (Sep 30) after first-tier cities eased curbs on home purchases, soon after the Politburo pledged to halt declines in the housing market. Hong Kong's Hang Seng Mainland Properties Index jumped more than 10 per cent in early trading, and the mainland's CSI 300 Real Estate index gained around 9 per cent. The Hong Kong sub-index has surged 40 per cent since last Tuesday after China's central bank unveiled its biggest stimulus since the
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