A Bloomberg Intelligence gauge tracking the Chinese builders gained as much as 7.8% to trade at the highest level in about four weeks. Sunac China Holdings Ltd. surged as much as 65%, while China Evergrande Group jumped as much as 36%.
“It’s some hedge funds speculating on more stimulus,” said Xin-Yao Ng, investment manager of Asian equities at Abrdn. “The distressed developers are definitely the speculators’ pick to bet on stimulus as they see the biggest delta to policy news.”
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Asia Stocks Set to Fall as China Property in Focus: Markets WrapAsian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »
Asia Stocks Fall as China Property Back in Focus: Markets Wrap(Bloomberg) -- Asian stocks edged lower as traders returned their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapStocks opened lower in South Korea after inflati
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
‘Oversold’ UK Property Stocks a Value Play, Morgan Stanley SaysUK property stocks are a value play, rather than a value trap, according to Morgan Stanley analysts.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »
Short sellers return to profit in August as U.S. stocks rally pausesThe bearish investors made $14.8 billion on aggregate last month after shedding $16.5 billion in July
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »
Stock market today: Asian shares fall back amid selling of China property sharesShares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry. China Vanke lost 1.2%, while Country Garden Holdings gave up 2%. Hong Kong-based Sun Hung Kai Properties shed 2.4%. Chinese services data came in weaker than expected, dulling hopes for a rebound i
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »