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