China Property Stocks, Bonds Rally on Reported Fund Help.

China's high-yield dollar notes, predominately issued by developers, rose at least 1 cent on the dollar, according to credit traders, with a Bloomberg gauge tracking the sector set to gain for a fourth consecutive session. (Bloomberg) -- Chinese property stocks and dollar bonds rallied Monday, as a reported move by Beijing to establish a fund to support developers fueled optimism about a turnaround for the struggling sector. [Extracted from the article]