Chinese property stocks trade higher in HK
Chinese property stocks trade higher in HK as more cities eased housing market policy, analysts say China's property market is forming soft landing
Sales are still down big large double digits yoy but sentiment appears to be shifting away from very bad to less bad. Need to get more direction from govt in terms of stronger policy support and wait until the buyers return.
The economy looks like it’s in better form as well. Some investors aren’t willing to wait around bec they know how fast things can turn back up. $SEAZEN(01030)$ $C&D INTL GROUP(01908)$ $SHIMAO GROUP(00813)$ $CHINA RES LAND(01109)$ $GREENTOWN CHINA(03900)$ $R&F PROPERTIES(02777)$ $AGILE GROUP(03383)$ $SUNAC(01918)$ $CHINA JINMAO(00817)$
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https://twitter.com/BrianTycangco/status/1787796865226006765
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