Reported 9 months ago
With the assistance from the New Qing'an policy boosting the housing market, especially with pre-sale properties selling out immediately upon launch, experts predict continued growth potential for construction stocks in the coming years. Due to profit recognition this year, construction stocks have seen a surge in revenue and stock prices, making them standout performers in the stock market. With the housing market currently on fire, there is anticipation for another wave of price increases for construction stocks in the future.
Source: YAHOO