Property shares set to rebound
China Daily | Updated: 2009-12-17 08:02
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A man at the entrance of a recent real estate fair in Beijing. The China Se Shang Property Index tracking 33 companies declined 2.4 percent in the past three months. Nan Shan |
SHANGHAI: China's property stocks, the worst performers this quarter, will rebound because policy changes are "factored into" shares and the government needs the industry to bolster consumer spending, CLSA Asia-Pacific Markets said.
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