Residential buildings under construction late last year in Qinhuangdao, Hebei province. Big brokerages including Morgan Stanley have highlighted this week that the Chinese property market has under-appreciated the earnings secured by developers, and the sector should be re-rated. Photo: Bloomberg

Chinese property stocks surge on strong profit outlooks

Country Garden, nation’s third largest homebuilder, closes at a three-year high. Beijing Capital Land, KWG Property, Sunac China, Longfor Properties, all rise more than 7 per cent

Topic |   China property

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Residential buildings under construction late last year in Qinhuangdao, Hebei province. Big brokerages including Morgan Stanley have highlighted this week that the Chinese property market has under-appreciated the earnings secured by developers, and the sector should be re-rated. Photo: Bloomberg
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