China property stocks surging on news of rescue package

<p>Shares in China property developers are up, on average, 15%+ for the Monday session. </p><p>Some individual names are up more than 50%. </p><p>Weekend news:</p><ul><li><a href=”https://www.forexlive.com/news/china-has-unveiled-its-most-sweeping-rescue-package-to-bail-out-real-estate-market-20221113/” rel=”follow” target=”_self” class=”article-link vertical-align-baseline”>”China has unveiled its most sweeping rescue package to bail out real estate market”</a></li><li><a href=”https://www.forexlive.com/news/wsj-piece-on-chinas-xi-and-his-ccp-making-adjustments-to-both-property-covid-policies-20221113/” rel=”follow” target=”_self” class=”article-link”>WSJ piece on China’s Xi and his CCP making adjustments to both property & COVID policies</a></li></ul>

This article was written by Eamonn Sheridan at forexlive.com.