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China's real estate recovery spurs rally in online portals

Leju surges 44% over the past month, SouFun rebounds 25% from this year's low in Feb

Published Mon, Mar 28, 2016 · 09:50 PM
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Beijing

REAL estate Web portals Leju Holdings Ltd and SouFun Holdings Ltd are standing out among US-traded Chinese stocks, rebounding as government stimulus and a recovering property market improve the outlook for growth.

Leju has surged 44 per cent over the past month in the best performance on the Bloomberg China-US Equity Index, which gained 4.6 per cent in the same period. SouFun has rebounded 25 per cent from this year's low in February.

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