As for Chinese homebuilders:
$COUNTRY GARDEN(02007.HK$ disposed its interests in a joint venture company to $CHINA OVERSEAS(00688.HK$ for nearly RMB1.3 billion, prompting its share price to skyrocket 14.8% to $0.93. CHINA OVERSEAS likewise opened 3.8% higher. $LONGFOR GROUP(00960.HK$ gained 8.9%. $EVERGRANDE(03333.HK$ , on the other hand, plummeted 86.7% to $0.22 upon trading resumption.
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