Property News · May 16, 2024

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


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.

Source : South China Morning Post
Read more…China property: government buying of unsold homes lifts sentiment but is no cure-all for market doldrums, analysts say