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Hong Kong property stocks surge as China takes action to revive property sector

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Stocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.

Country Garden won approval from its creditors to extend payments for a 3.9 billion yuan onshore private bond, according to sources and a document seen by Reuters. Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

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Hong Kong stocks lead gains in Asia; Australia and China data closely watched this weekAsian markets will be watching the Reserve Bank of Australia’s rate decision, as well as China’s inflation data later this week.
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Asian stocks rally on easing rate hike fears, China stimulus hopes By Investing.comAsian stocks rally on easing rate hike fears, China stimulus hopes
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