$HongkongLand USD (H78.SG)$$JMH USD (J36.SG)$$Mapletree PanA...
HONG KONG (Reuters) -Shares of Chinese property developers jumped on Thursday, after a report that China is considering a plan for local governments nationwide to buy millions of unsold homes from distressed companies to ease a protracted property crisis.
Hong Kong's Hang Seng Mainland Properties Index firmed as much as 6% in morning trading.
Hong Kong's Hang Seng Mainland Properties Index firmed as much as 6% in morning trading.
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Aerith ONG : HUAT AH
WinningTrader : Crsis is over?
Deep Sea OP WinningTrader : Haven’t yet but will be over once the CCP clears the housing inventory to save the highly indebted property developers.
Kind Pumpkin Deep Sea OP : shifu is it good news for us?
Deep Sea OP Kind Pumpkin : Yes. It’s good news. Once the property crisis is over, the property market will recover and this will help the economy to recover faster. In a way, positive for companies doing businesses in China.
golgolak : Finally some good news! Thanks for sharing.
Go To The Moon : sound cool.
Kind Pumpkin : shifus like to know the removal of M44U from MSCI soon will affect price value?