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China developers sink as the world's biggest stock rally loses steam

Investors bet a tightening campaign to cool home prices will hurt sales in H2
Wednesday, August 9, 2017 - 05:50

Hong Kong

IT HAD to end sooner or later. After an almost 400 per cent surge this year through late July that led an unprecedented rally among Chinese developers, China Evergrande Group shares are now leading the way down.

Evergrande, the top performing stock in the MSCI All-Country

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