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CN Property Managers Soar Over 3-10% Broadly, COLI Tests Peak; CICC Suggests to Add Leading Developers
CICC advised investors to seize the opportunity to accumulate shares of all-rounded leading developers and recommended premium property managers tied to homebuilders.
CHINA OVS PPT (02669.HK) jumped 3.3% to $8.81.
Top-four blue-chip Chinese developers CHINA OVERSEAS (00688.HK), CHINA RES LAND (01109.HK), LONGFOR GROUP (00960.HK) and COUNTRY GARDEN (02007.HK) soared nearly 4%-6%. CHINA OVERSEAS surged 4.5%, once peaking at $23.65. COUNTRY GARDEN leaped 5.8% to $6.52.
AAStocks Financial News
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