With active transactions, upbeat market sentiment, cyclically stronger consumption, and more often than not, economic stimulus packages, the well-known expression "Gold September and Silver October" ... ( read original story ...)
China to Cut Existing Mortgage Rates by End-Oct, Cities Ease Home-Buying Curbs
China's biggest four state-owned banks, including Industrial and Commercial Bank of China Ltd and China Construction Bank Corp, said they would actively respond to the policy and were promoting the ... ( read original story ...)
China cutting mortgage rates by end-October as cities ease home-buying curbs
Adding to such efforts, Guangzhou city announced Sunday the lifting of all restrictions on home purchases, while Shanghai and Shenzhen said they would ease restrictions on housing purchases by ... ( read original story ...)
Tesla’s Shanghai Megafactory Reaches 60% Completion, On Track for 2025 Megapack Production
Teslas Shanghai Megafactory is now 60% complete, with production of Megapack units set to begin in early 2025. The factory aims to match Teslas California facility in producing 40 GWh annually, ... ( read original story ...)
Chinese drug maker Wuxi AppTec’s upbeat business update boosts stock despite US bill
A presentation persuaded investors that risk of a potential US blacklisting is low while growth in some business areas is ‘unprecedented’. ( read original story ...)
China’s central bank cuts existing mortgage rates amid efforts to support property market
China's central bank on Sunday adjusted the pricing mechanism for mortgage rates, as the country aims to lower the financial burden on property owners. In accordance with the central bank's guidance, ... ( read original story ...)
Efficient and intelligent services updated at Hongqiao Airport
To further improve its service quality, the airport selected three express lines connecting Shanghai with Beijing, Guangzhou and Shenzhen from the 15 lines to initiate a updated version of express ... ( read original story ...)