Shares of Chinese property developers climbed on Friday, lifted by more state support measures to bolster the highly indebted sector as China prepares to reopen its pandemic-hit economy. Hong Kong's Hang Seng Mainland Properties Index rose close to 4 per cent shortly after the market opened, outperforming a 0.3 per cent increase in the broader market, though gains fell back to 0.5 per cent by 0223 GMT. Logan Group jumped 11 per cent, while CIFI Holdings gained 6.3 per cent. The central bank said on Thursday that for cities where the selling prices of new homes fall month-on-month and year-on-year for three ... (full story)