China and Hong Kong stocks jumped on Monday, led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued to fuel gains. ( read original story ...)
Xinjiang County Becomes Global Synthetic Diamond Hub Thanks to Shanghai-Led Aid Projects
(Yicai) Aug. 19 -- Shanghai has helped a local jewelry company open China’s largest lab-grown diamond factory using the high-clarity chemical vapor deposition method in the Xinjiang Uygur Autonomous ... ( read original story ...)
Shanghai Follows Beijing in Lifting Suburban Home Caps to Spur Demand
Starting tomorrow, Shanghai residents with local household registration, or "hukou," as well as non-locals who have paid personal income tax or contributed to social security for at least one year, can purchase an unlimited number of homes outside the Outer Ring Road, according to a notice issued today by the municipal housing authority. ( read ...
China Steps Up Property Market Support With Shanghai Easing
Eligible residents, including those from outside Shanghai, can now buy an unlimited number of homes in the outer suburbs, according to a statement Monday. Non-residents who have paid pensions for ... ( read original story ...)
Shanghai relaxes purchase, lending to boost property sector
Those who buy new green housing will be eligible for up to 15 percent more housing provident fund loans. For first home purchases, the ceiling is raised to 1.84 million yuan (about 258,600 U.S. ( read original story ...)
Shanghai stock benchmark hits decade high, HK nears 4-year peak
China’s blue-chip CSI300 index added 1.4%, surpassing the intraday high made last October to reach a four-year peak. Turnover on the Shanghai and Shenzhen exchanges surpassed 2 trillion yuan for a ninth consecutive day, extending the longest such streak on record. ( read original story ...)
China’s triple stock markets are too much of a good thing
Three’s a crowd — at least, it should be when it comes to stock markets in the same country doing the same thing. Fragmentation divides investor attention and liquidity. And when new entrants steal ... ( read original story ...)