Monday, March 30, 2015

Asian Market Update: Shanghai Composite Sets New 7-Year Highs On Latest Property Sector Measures

China property names are outperforming the broader market following an overnight announcement by the PBoC to ease mortgage policy rules. Sector names already staged broad gains in yesterday's session after local press reported the PBoC would cut second homes down-payment ratio to 50% from 70%. Instead, the PBoC went even



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