Chinese Property Stocks Favored, BoCom's Hong Says

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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)

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