China’s central bank pledges to maintain a healthy property market in a signal it’s prepared to contain any fallout from the Evergrande debt crisis. Photo: AFP
China’s central bank pledges to maintain a healthy property market in a signal it’s prepared to contain any fallout from the Evergrande debt crisis. Photo: AFP
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Property, tech stocks lift Hang Seng as China vows to maintain a healthy real estate market amid distress signs

  • Oil stocks prospered amid a global energy shortage as Brent crude surpassed US$80 a barrel
  • Country Garden, Alibaba and Meituan led top winners while China Evergrande also benefited from better sentiment

China’s central bank pledges to maintain a healthy property market in a signal it’s prepared to contain any fallout from the Evergrande debt crisis. Photo: AFP
China’s central bank pledges to maintain a healthy property market in a signal it’s prepared to contain any fallout from the Evergrande debt crisis. Photo: AFP
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