Housing Boosts SouFun Share Price

Chinese real-estate companies advanced in New York after the biggest increase in new home prices since 2011 boosted the industry’s outlook. Huaneng Power International Inc. (HNP) tumbled the most in four years.
The Bloomberg China-US Equity Index of the most-traded Chinese stocks in the U.S. was little changed at 96.4 yesterday as 24 companies rose and 29 fell. SouFun Holdings Ltd. (SFUN), China’s biggest property market information website, jumped 11 percent.