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Real Estate Briefing - Categorized | IPOs/Stock Market, Market Moves more

Chinese property stocks headed upward

Posted on 07 July 2009

From MarketWatch: Chinese property stocks were trading broadly higher on Monday, the latest move in their strong rally this year as mainland China’s property prices continued to rise amid expectations government policies will keep supporting an apparent economic recovery.

But the steep rally was also raising concerns on the mainland that the spike in property was reaching “unsustainable” proportions. ……..Full Article: Source


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