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Shanghai has raised the minimum required down payment and home buyers are now required to pay additional interest on loans, while banks have been ordered to tighten their purse strings, as authorities move to rein in runaway house prices in the metropolis ... ( read original story ...)

The business communities of two of Asia’s top financial centres are “mainly positive about the Donald Trump presidency”, reveals a new survey by one of the world’s largest independent financial advisory organizations. The survey, carried out by ... ( read original story ...)

[SHANGHAI] Shanghai, China's financial hub, has raised the minimum required down payment and tightened eligibility for buyers of first homes in its latest move to cool a red-hot property market, state media reported on Tuesday. Home and residential land ... ( read original story ...)

Customers walk by cosmetics products from Shanghai Jahwa United Co Ltd at an industry fair in Fuzhou, Fujian province. [Photo provided to China Daily] A leading company with famous consumer brands, Shanghai Jahwa United Co Ltd said it had replaced its top ... ( read original story ...)

Home buyers in Shanghai are now required to make mortgage downpayments and pay additional loan interest, while banks have been ordered to tighten purse strings, as authorities move to rein in runaway house prices in the metropolis. According to a notice ... ( read original story ...)

Shanghai municipality has stepped up curbs on property purchases for the third time this year, amid central government discontent that the city’s home prices have not fallen since the last tightening in October. Under a new round of regulations announced ... ( read original story ...)