A man walks in front of a housing complex by China Evergrande in Beijing in October 2021. Photo: AFP
A man walks in front of a housing complex by China Evergrande in Beijing in October 2021. Photo: AFP
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Business /  China Business

Buy Chinese developers? Mortgage boycott suggests stock rebound is built on fragile confidence

  • An index tracking 112 mainland property stocks has surrendered all of this year’s gains, after rising as much as 25 per cent between January and early April
  • The latest mortgage boycott has added a new challenge for policymakers trying to steady the economy hit by China’s zero-Covid strategy

Zhang ShidongYaling Jiang
Zhang Shidong in Shanghaiand Yaling Jiang in Shanghai

Updated: 7:30am, 25 Jul, 2022

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A man walks in front of a housing complex by China Evergrande in Beijing in October 2021. Photo: AFP
A man walks in front of a housing complex by China Evergrande in Beijing in October 2021. Photo: AFP
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