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CN Property Developers & Managers Leapfrog; CR Land Soars 7%+
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HK-listed Chinese property developers and managers had a good shape this morning. CHINA RES LAND (01109.HK) opened 0.1% higher before the share gain sharpened. It peaked at $20.8, challenging the resistance of the 20MA. It last reported at $20.7, up 7.25%, with 9.6772 million shares traded, involving $196 million.

LONGFOR GROUP (00960.HK) opened 2.64% higher today, peaking at $8.55. It last traded at $8.47, up 6.41%, with 16.1508 million shares traded, involving $135 million.

Related NewsM Stanley Says CN Aug Home Sales Still Tepid, Prefers Property Managers over Developers
CHINA OVERSEAS (00688.HK) peaked at $11.58. It last posted at $11.48, up 4.94%, with 17.0286 million shares traded, amounting to $193 million.

CHINA RES MIXC (01209.HK) last charted at $25.6, up 6.67%, challenging the resistance of the 100MA. 3.6908 million shares were traded, involving $92.9313 million.

GREENTOWN SER (02869.HK) last printed at $3.7, up 5.11%, with 1.276 million shares traded, involving $4.6166 million.

Related NewsHSBC Global Research Predicts Stability in CN Property Mkt Next Yr; Selloff in CHINA RES LAND Overdone
BEKE-W (02423.HK) opened 2.7% higher, peaking at $37.8. It last stood at $37.55, up 6.52%, with 307,800 shares traded, involving $11.4025 million.
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