Unfinished apartment buildings at a China Evergrande Group construction site in Beijing, China, in January 2021. Photo: Bloomberg
China’s indebted developers get a break from rate cuts and easing
  • The Hang Seng Mainland Properties Index, which tracks the performance of property developers traded on the Hong Kong stock exchange, rose by as much as 5.2 per cent
  • China Evergrande Group, Kaisa Holdings, Sunac China Holdings and other Chinese developers all soared
20 Jan 2022 - 6:52PM