Residential buildings under construction in Qinhuangdao, Hebei province, China. Nomura sees gains in Hong Kong-listed shares of Chinese developers as their market shares increase and profitability improves. Photo: Bloomberg

Chinese property developers’ stocks could gain as much as 40 per cent this year, Nomura says

Increased profitability and market share are behind the possible gains for companies like China Vanke and Evergrande, even though overall sales could fall, the investment bank says

Topic |   China stock market

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Residential buildings under construction in Qinhuangdao, Hebei province, China. Nomura sees gains in Hong Kong-listed shares of Chinese developers as their market shares increase and profitability improves. Photo: Bloomberg
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