China’s President Xi Jinping says ‘homes are for people to live in, not for speculation’, but authorities must address institutional structures creating distortions. ( read original story ...)
China’s property price declines in lower-tier cities take heavy toll on middle class
Yan Yuejin, director of the Shanghai-based real estate think tank E-House China R&D Institute, also flagged the property market risks in China’s smaller cities, as most have implemented aggressive ... ( read original story ...)
China’s crackdown on housing speculators buying property with consumer loans cools down prices
The nationwide crackdown to stem the flow of such funds into the red-hot property sector since the start of this year has proved to be effective, as home prices have started to stabilise in major ... ( read original story ...)
China’s property market abuzz as authorities walk tightrope to recall illegal loans
China’s property market was abuzz last week after a photo distributed online showed a bank letter demanding early repayment of a personal loan of nearly 300 million yuan (US$46 million). The letter, ... ( read original story ...)
Luxury Retail Giants See Portfolios Revenues Reshuffle in China
Major developers saw record gains in mainland China as high as 60 percent in 2020, but suffered on various degrees in Hong Kong. ( read original story ...)
Legislation roundup: Realization of pledged stocks, major national IP cases and Shanghai property
Pledgees are allowed to realize the pledged stock CNIPA defines major national IP cases and Shanghai has put forward a new round of property constraining policy. ( read original story ...)
Shanghai, Hangzhou lead in fresh wave of realty tightening
[Photo by Long Wei/For China Daily] Local govts heed financial regulator's call to rein in speculative investments The local governments of Shanghai and Hangzhou in Zhejiang province have introduced ... ( read original story ...)