Chinese Property Stocks Favored, BoCom's Hong Says

May 20 (Bloomberg) -- Hao Hong, managing director and chief China strategist at Bank of Communications Co. Ltd., talks about the outlook for China's real estate market, the yuan, and his investment strategy. China’s new-home prices rose last month in 68 of 70 cities tracked by the government, indicating Premier Li Keqiang will need to maintain efforts to cool the property market even as economic growth slows. Hong speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

Tata Heads Kept in the Dark Over Mistry's Departure
00:12 - Tata shares dragged India's benchmark indices down from a three-week high. That comes after the surprise decision to oust its chairman. Bloomberg's Haslinda Amin reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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