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SouFun leads rally by Chinese home-listing websites in New York
Published Fri, Aug 28, 2015 · 09:50 PM
New York
CHINESE home-listing websites rallied in New York on Thursday, led by SouFun Holdings Ltd, after the nation relaxed restrictions on foreign investment in real estate to help boost demand.
SouFun, the nation's largest real-estate information website, climbed 6.5 per cent to US$5.78 in New York, while Leju Holdings Ltd advanced 3.2 per cent to US$5.48. A Bloomberg gauge of the most-traded Chinese companies in the US surged 5.8 per cent amid a global equity rally.
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