China Property Stocks Surge, With Sunac Rallying 27%, After Beijing Picks 50 Firms to Fund
China Property Stocks Surge, With Sunac Rallying 27%, After Beijing Picks 50 Firms to Fund
(Bloomberg) -- Chinese developers’ bonds gained along with their shares after authorities began drafting a list of 50 real estate firms that would be eligible for financing, the latest move by Beijing to support the embattled property sector.
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