An economic slowdown and deliberate policies to cool housing markets are not normally a recipe for property developers to rally. But this is China. While the Hang Seng China-related index is down 3 per cent this year, the biggest China-based developers have gained, one by as much as two-thirds. What gives?
經濟成長放緩和刻意冷卻住房市場的政策，一般不會是推動房地產開發商股價上漲的原因。但這是中國。儘管恒生中國企業指數今年下降3%，但中國各大開發商的股價卻呈現上漲，其中一家的漲幅高達三分之二。這是怎麼回事？
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