A picture taken in January this year shows a large residential project under construction in Beijing. Photo: Reuters
A picture taken in January this year shows a large residential project under construction in Beijing. Photo: Reuters

Chinese property stocks surge as mainland media fans rate-cut speculation and Swiss fund warns of systemic risk

  • A gauge tracking 33 Chinese developers jumped by the most in a week as mainland media fanned rate-cut speculation following a slump in domestic housing market
  • Rising debt defaults have turned idiosyncratic risk into systemic one, necessitation actions to stabilise the market, according to Swiss fund manager Lombard Odier

Topic |   China property
A picture taken in January this year shows a large residential project under construction in Beijing. Photo: Reuters
A picture taken in January this year shows a large residential project under construction in Beijing. Photo: Reuters
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