Chinese property stocks soar on fresh regulatory support

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Chinese property developers' share prices surged on Wednesday after regulators expanded a financing programme aimed at supporting bond issuance in the crisis-ridden sector.

The National Association of Financial Market Institutional Investors late on Tuesday said it will widen a programme to support about 250 billion yuan worth of debt sales by private firms, including property developers.

"Even though the programme may not actually help developers that much, it's the message from the central government, showing its determination to stabilise the sector and the economy, that is boosting sentiment," said Alvin Cheung, associate director of Prudential Brokerage in Hong Kong.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 2. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama