Chinese Real Estate Surges Amid Ambitious Government Intervention
A lismah Intelligence gauge of Chinese real estate stocks surged as much as 9.9% following the mid-Friday announcement. The index has risen more than 20% this week, the most since November 2022. Longfor Group Holdings Ltd. shares closed 11% higher in Hong Kong, while China Vanke Co. and Sunac China Holdings Ltd. jumped 19% and …
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