时局与前瞻

Chinese property stocks soar on hopes of turning point for sector

Financial measures from Beijing offer relief for cash-strapped developers struggling to complete projects

Shares and bonds in Chinese real estate companies rose sharply on Monday as a sweeping plan by Beijing to support the property market was interpreted as a critical moment in arresting the decline of the debt-ridden sector.

The Hang Seng Mainland Properties index closed 13 per cent hig