China property shares rally; real-estate ETFs up over 4%, Huafa Industrial hits limit-up

Chinese property stocks rallied in afternoon trade, with real-estate ETFs up more than 4% and Huafa Industrial (华发股份) hitting the daily limit-up. Reports also cited second-hand home transaction volumes overtaking new-home sales, an expansion of housing-fund withdrawal cases to nine, and the Shanghai Stock Exchange accepting the company's private placement application.

Detected & updated continuously · Source: Nebula