BEIJING, July 25 — Battered Chinese property stocks rallied today after Premier Li Keqiang pledged to support developers and hinted at possible state funding at a cabinet meeting.
The property market debt crisis has been a major drag on the economy over the past year, and officials have rushed to offer support after dismal second-quarter growth of 0.4 per cent—the worst since the pandemic began. The comments pushed the Hang Seng Mainland Properties Index — which tracks major Chinese developers listed in Hong Kong — up more than three per cent today.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: