-- The shares of Chinese developers jumped on optimism that Beijing will provide policy support for the purchase of unsold homes from distressed builders.US Inflation Ebbs for First Time in Six Months in Relief for FedA Bloomberg gauge of Chinese real estate stocks rose as much as 10.7% to the highest level since December 2023. Longfor Group Holdings Ltd. advanced as much as 15% in Hong Kong, and China Vanke Co. gained 16%.
New-home prices in 70 cities, excluding state-subsidized housing, fell 2.7% in March from a year earlier. The value of new-home sales from the 100 biggest real estate companies slid about 45% from a year earlier to 312.2 billion yuan , following a 46% decline in March, according to preliminary data from China Real Estate Information Corp.
This dividend stock offers a high yield and significant long-term growth potential. It's also one of the safest stocks you can buy. The post Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock appeared first on The Motley Fool Canada.The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: globebusiness - 🏆 31. / 66 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »