Stock prices on display inside a brokerage house in Beijing. Photo: AP
Stock prices on display inside a brokerage house in Beijing. Photo: AP

Hong Kong stocks jump as Longfor, Country Garden surge after China ends freeze on equity financing by developers

  • Market regulator CSRC ends a 2016 moratorium on equity financing by property developers in another move to rescue the real estate market
  • Rally overshadows unease among investors over street protests against Beijing’s zero-Covid curbs

Stock prices on display inside a brokerage house in Beijing. Photo: AP
Stock prices on display inside a brokerage house in Beijing. Photo: AP
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