Market Insight | Real estate stocks across the board rise as Chengdu fully lifts purchase restrictions, institutions say other restricted cities may continue to relax
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Chengdu has completely lifted its housing purchase restrictions, leading to a surge in domestic real estate stocks. Sunac China Holdings rose by 15%, China Oceanwide Holdings by 10.53%, Shimao Group by 8.45%, and Vanke by 7.45%. This move is expected to promote the recovery of the real estate market, and other cities with purchase restrictions may also consider relaxing their policies
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