Monday, May 28, 2007

U.S. fund in property JVs with China's Huafa

(Reuters) - Foreign funds are pouring into China's real estate market,
where prices for urban property rose 5.4 percent in April from a
year earlier, according to government data.
Shares in Huafa had risen more than 5 percent on Tuesday
morning to a record high, outpacing a 0.6 percent gain in the
benchmark index


Read more at Reuters.com Mergers News

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