China property shares soar on Beijing stimulus, despite continued debt crisis - The Guardian

3/17/2022 12:00:00 AM3 years 1 month ago
by Martin Farrer
by Martin Farrer
Plans to shore up real estate and tech sectors welcomed by investors, but downgrade of third-biggest developer Sunac shows problems persist
Chinese property shares have soared for a second day thanks to a decision by Beijings leadership to throw the countrys struggling real estate sector a lifeline amid growing pressures at home and abro… [+3285 chars]
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