ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »China property stocks drop to lowest since 2009 as stress rises
BLOOMBERG Chinese property stocks tumbled to close at the lowest level in 14-years, as weak home sales and rising debt woes for major developers deepened. A Bloomberg Intelligence gauge of developer shares fell 2.5% on Wednesday, with China Evergrande Group and Times China Holdings Ltd leading the decline. The gauge has plunged 44% so far this year, outpacing major benchmarks ...
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