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Hong Kong's Hang Seng and Shanghai Composite both higher - property stocks on the rise

Hong Kong's Hang Seng and Shanghai Composite both higher - property stocks on the rise

Supportive comments from Chinese authorities on the property secotr are flowing through to property developer stocks and Chinese markets more broadly.

Overnight developments:

The China Securities Regulatory Commission (CSRC)

  • will support the transformation of the real estate development model
  • will help high quality real-estate firms improve their balance sheet
  • will increase access to credit, and support private enterprises to issue bonds and raise equit... Read More
Posted: Dec 22 2022, 02:20
Author Name: forexlive
Views: 102053

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