China Property Stocks Fall 20% From May High as Concerns Linger

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Bloomberg News

Sunac China Holdings Ltd.,Property Stocks

(Bloomberg) -- China’s property stocks are on track to enter a technical bear market as doubts remain on Beijing’s efforts to bolster the sector.Most Read...

-- China’s property stocks are on track to enter a technical bear market as doubts remain on Beijing’s efforts to bolster the sector.Nvidia Tops $3 Trillion in Market Value, Leapfrogging Apple

”The latest sales data show there’s not much improvement in property fundamentals,” said Jeff Zhang, a property analyst at Morningstar Inc. “We may need to wait until the end of year to see a narrowing of declines or a rise in monthly sales as a result of the government’s rescue package.” These Canadian blue-chip stocks are fundamentally strong, relatively safe, and can generate steady returns in the long term. The post 3 Blue Chip Stocks So Safe That Canadians Can Hold Them Until They Die appeared first on The Motley Fool Canada.Investors who hold Nvidia stock by the end of trading Thursday will be impacted by the stock split. Here's what to know.These stocks now have dividend yields above 7%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China Property Stocks Fall 20% From May High as Concerns LingerChina’s property stocks are on track to enter a technical bear market as doubts remain on Beijing’s efforts to bolster the sector.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: Asian shares are mixed as China stocks get bump from new property measuresAsian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of fresh measures to revive the ailing property...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

China Property Stocks Surge as Home-Buying Easing Gains MomentumChinese developer stocks rallied for a second day after two major cities scrapped restrictions on residential property purchases, boosting optimism that more local governments will follow suit.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

China Property Stocks Gauge Jumps on Proposal for Home PurchasesThe shares of Chinese real estate companies jumped after Bloomberg reported authorities are considering a proposal to ask local governments to buy unsold homes from distressed builders.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

China Property Stocks Gauge Jumps on Proposal for Home Purchases(Bloomberg) -- The shares of Chinese developers jumped on optimism that Beijing will provide policy support for the purchase of unsold homes from distressed ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks drift, China unveils 'historic' steps for propertyThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »