Chinese real estate stocks rise as Beijing extends property support measures

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The move encourages financial institutions to continue deferring loan payments, while propping up financial support for real estate enterprises

While the mainland CSI300 index fell about 0.4%, Hong Kong listed real estate stocks saw larger gains, with Logan Group leading the sector.

A crane with the China Vanke logo at a residential construction site in China, on Sept. 28, 2021.Chinese real estate stocks mostly rose after the country announced it will extend two financial

 

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