Hong Kong Stocks Update | Most domestic property stocks rise as new policies in Beijing signal a "stabilization of the real estate market." The performance of high-quality property companies is expected to improve.
The Zhitong Finance APP has learned that most Hong Kong property stocks have risen. As of the time of writing, China Jinmao (00817.HK) is up 8.42%, trading at HKD 1.48; Greentown China (03900.HK) has risen 5.05%, trading at HKD 7.695; Yuexiu Property (00123.HK) is up 4.08%, trading at HKD 3.7; and Longfor Group (00960) has increased by 3.68%, trading at HKD 6.615.
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