$COUNTRY GARDEN (02007.HK)$
Chinese real estate stocks mostly rose after the country announced it will extend two financial policies to support the real estate market until the end of 2024.
Hong Kong-listed real estate stocks saw large gains. Logan Group led the sector, advancing almost 3%, while Country Garden climbed about 0.67%, and China Vanke Co gained 1.2%. However, the CSI 300 Real Estate Index fell 0.44%, paring gains from earlier.
Reaction from Chinese banks were muted. Hong Kong-listed...