China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. CFOTO | Future Publishing | Getty Images China’s property stocks jumped after the country’s central bank announced measures that would help boost the liquidity available to property developers. The move will ease a lingering cash crunch for … Read more