Spinee wrote a post · Apr 12, 2023 17:50

Chinese property developers rally on housing market recovery, improved expectation.

2nd-hand home transactions by floor area in China's 15 major cities rose 66% y/y in Jan - Mar and in Mar, transactions rose 98% y/y, rose 49% m/m, shows research data.

$POWERLONG (01238.HK)$ $CHINA SCE GROUP (01966.HK)$ $TIMES CHINA (01233.HK)$ $CH OVS G OCEANS (00081.HK)$ $COUNTRY GARDEN (02007.HK)$ $SEAZEN (01030.HK)$ $SINO-OCEAN GP (03377.HK)$ $CHINA JINMAO (00817.HK)$ $LOGAN GROUP (03380.HK)$

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whqqq : If China’s property market is posting these numbers it underpins strength in the greater economy and boosts consumer confidence.

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