Chinese property developers surged in Hong Kong as investors anticipate more support measures for the troubled sector from a housing ministry press conference scheduled for Thursday.
Ronshine China rose 100%; Sunac China rose 34%; R&F Properties rose 26%; Logan Group rose 22%; China Vanke rose 19%; Longfor Group rose 8%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments