dchua1969

China Property Developers given a tow line by CCP

Long
HKEX:1918   SUNAC CHINA HLDGS
Read news here

When this industry contributes 25% of the country's GDP, it is imperative that the CCP will do something to shore up the default players rather than to see them falter on their debts holdings.

This bailout , hopefully will send some of the players shares going up but I would wait a while more before deciding to go LONG on it......
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