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CN Developers Thrive Broadly as CN Urban Renewal Plan Supports Activation of Idle Land
2026-05-29 10:07:52 China's State Council recently issued the "Urban Renewal '15th Five-Year' Plan", setting out clear targets, key tasks, major projects and policy measures for urban renewal during the period. Chinese property developers rallied broadly today (29th). COUNTRY GARDEN (02007.HK) opened 2.39% higher and once hit HKD0.295 at peak. It last quoted at HKD0.26, up 24.4%, with turnover of 1.719 billion shares, involving HKD458 million. CHINA AOYUAN (03883.HK) opened 6.38% higher and once peaked at HKD0.059. It last quoted at HKD0.055, up 17.02%, with turnover of 9.514 million shares, involving HKD496,000. CHINA VANKE (02202.HK) opened 0.79% higher and once peaked at HKD2.94. It last quoted at HKD2.87, up 12.99%, with turnover of 74.1125 million shares, involving HKD209 million. YUEXIU PROPERTY (00123.HK) opened 0.48% higher and once peaked at HKD4.49. It last quoted at HKD4.45, up 6.46%, with turnover of 3.5122 million shares, involving HKD15.4226 million. KWG GROUP (01813.HK) opened 6.87% higher and once peaked at HKD0.143. It last quoted at HKD0.142, up 8.4%, with turnover of 200,000 shares, involving HKD283,000. ~ AASTOCKS Financial News Website: www.aastocks.com | |