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China Property Stocks Gauge Jumps on Proposal for Home Purchases

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The shares of Chinese real estate companies jumped after Bloomberg reported authorities are considering a proposal to ask local governments to buy unsold homes from distressed builders.

China’s Junk Dollar-Bond Prices Rise to Highest Since 2021Tencent Shares Jump After Video Drives Big Earnings BeatDreyfus Bid for Namoi Raises Australian Competition ConcernsAustralia Jobless Rate Jumps to 4.

4 Billion PeopleChina’s Top Coal Province to Raise Output to Boost Local EconomyPemex Oil Refinery Curtails Fuelmaking Due to PollutionAsia to Extend Risk Rally After US CPI Decline: Markets WrapPutin Starts China Visit Seeking Xi’s Support for His New TermOil Ticks Higher on US Stockpile Decline and Wider Risk-On MoodBob Menendez Sold His Office for Cash, Gold Bars, US Tells JuryUS Renewable Fuel Maker Defends Used Cooking Oil From ChinaBridge to Small Texas Island Shuts Down After Barge...

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