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China’s Stocks Sink amid Home Price Gains

Hedge Funds
by trusted insight posted 3years ago 166 views
Chinese stocks tumbled the most in three weeks as traders reduced stimulus bets and speculated the government will pare back efforts to prop up equities. Data Tuesday showed home-price gains are spreading, with new-home prices rising in 31 cities of the 70 the government monitors, from 27 the previous month, according to data released by the National Bureau of Statistics on Tuesday.

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