China Property Shares Surge On Opening Up Of Equity Financing Option

China Property Shares Surge On Opening Up Of Equity Financing Option

HONG KONG (Reuters) – Shares of Chinese property companies soared on Tuesday after the country’s securities regulator lifted a ban on equity refinancing for listed property firms, in the latest support measure for the embattled real estate sector. Hong Kong’s Hang Seng Mainland Properties Index rose 6.3%. Shares of Country Garden jumped 13.4%, while Longfor,…

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