| From Bloomberg: China’s property stocks, the worst performers this quarter, will rebound because policy changes are “factored into” shares and the government needs the industry to bolster consumer spending, CLSA Asia-Pacific Markets said.
The China Se Shang Property Index of real estate shares fell the most in two weeks yesterday, led by the largest developers China Vanke Co. and Poly Real Estate Group Co., after the Xinhua News Agency reported the government will target “excessive” growth in property prices in some cities....................................Full Article: Source
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