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Most Chinese developers' shares fall despite latest support measures

Shares of most major
Chinese developers fell on Monday even after China announced
historic steps to stabilise its crisis-hit property sector.
Hong Kong's Hang Seng Mainland Properties...

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Most Chinese Developers' Shares Fall Despite Latest Support Measures

Most Chinese Developers' Shares Fall Despite Latest Support Measures
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Chinese developers' shares wobble as latest support measures disappoint

HONG KONG (Reuters) -Shares of Chinese developers wobbled on Monday as investors fretted that China's "historic" steps to stabilise its crisis-hit property sector fell short of what is required to foster a sustainable turnaround in demand and confidence. Hong Kong's Hang Seng Mainland Properties Index closed down 0.7%, after having gained around 18% so far this month after the Politburo said in an April 30 meeting that it would coordinate to clear housing inventory. Embattled state-backed developer China Vanke eased 0.2%, after bouncing as much as 6.4% in the morning session.

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Chinese developers' shares wobble as support measures disappoint

Shares of Chinese developers wobbled on Monday as investors fretted that China's "historic" steps to stabilize its c...

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Most Chinese developers' shares fall despite latest support measures | WSAU News/Talk 550 AM · 99.9 FM

HONG KONG (Reuters) - Shares of most major Chinese developers fell on Monday even after China announced "historic" steps to stabilise its crisis-hit property sector. Hong Kong's Hang Seng Mainland Properties Index dropped more than 2%, having gaine...

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Shares of most developers in China fall despite latest support measures, ET RealEstate

It has gained around 18% so far this month after the Politburo said in an April 30 meeting that it would coordinate to clear housing inventory.

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China goes on a $1 trillion apartment-buying spree

China goes on a $1 trillion apartment-buying spree
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Analysts Wary of China's New Property Stabilization Measures

Analysts Wary of China's New Property Stabilization Measures
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China's property support measures disappoint

STORY: Shares of Chinese developers wobbled on Monday .
Investors were worried about China's major steps to stabilize its crisis-hit property sector.
They...
-May 20, 2024 at 08:58 am EDT
- MarketScreener

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Chinese developers' shares wobble as latest support measur

Chinese developers' shares wobble as latest support measur
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