CHINA JINMAO HOLDI Stock Forum

On June 20, Hong Kong stocks of domestic housing stocks continued to move higher, with Cinnamon rising over 8% and China Overseas Land Development up over 9%. Bloomberg points out: The recent surge in housing inventory in major Chinese cities could be transitory as homebuyers may return once Covid restrictions are removed.
Key Takeaways:
1. Transient Inventory Glut Due to City Lockdowns
Shanghai's surging inventory bac...