Chinese stocks reach new highs in 2024 due to property market support and positive trade data

From Investing.com: 2024-05-09 00:11:24

Chinese benchmark stock indexes hit their highest levels in 2024 after government eased property market restrictions. Hangzhou lifted all home purchase limits, joining other major cities. Property stocks lead gains as China aims to boost demand in key sector. Positive trade data also boosts sentiment, with April exports surpassing expectations.



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