• 09/21/2024

China property: government buying of unsold homes lifts sentiment but is no cure-all for market doldrums, analysts say

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Developer stocks rose on Thursday after authorities in Hangzhou announced plans to buy unsold homes, but analysts question whether such aid is the best way to rescue the market.

https://www.scmp.com/business/china-business/article/3262910/china-property-government-buying-unsold-homes-lifts-sentiment-no-cure-all-market-doldrums-analysts?utm_source=rss_feed