HONG KONG, Sept 4 Shares in Hong Kong-listed
Chinese developers jumped on Thursday after Reuters reported
that Beijing was relaxing financing rules for listed property
firms by allowing some to sell medium-term notes in the
Shares in China Vanke, the country's largest
residential developer, rose nearly 2 percent, China Overseas
Grand Oceans jumped more than 3 percent, Sunac China
Holdings Ltd surged more than 6 percent and Kaisa
Group Holdings nearly 4 percent.
Reuters reported late on Wednesday, quoting sources familiar
with the matter, that money raised from developers' sales of
notes could be used to fund new residential housing projects,
supplement companies' operating cash flows and repay bank loans.
(Reporting By Grace Li; Editing by Anne Marie Roantree and Alan