China will renovate an additional one million units of urban villages and dilapidated houses by providing monetary compensation to residents, Ni Hong said at a press conference. Given that the ... ( read original story ...)
China’s stimulus package fails to impress traders, markets in Shanghai and Hong Kong slip
The world’s number-two economy has struggled to recover since lifting strict Covid controls at the end of 2022, battered by a debt crisis in the property sector and torpid consumer demand ... ( read original story ...)
Asian markets rally, with eyes on China housing briefing
Asian markets rose Thursday as Chinese investors waded back ahead of a briefing in Beijing by the country's housing minister that fanned hopes for more measures to support the ailing property sector. ( read original story ...)
China’s stimulus promises bring property sector hope, rather than confidence
By David Kirton and Nicoco Chan SHENZHEN, China (Reuters) -Chinese finance industry professional Zhang Jing made enough money from a recent stock market rally to consider hopping on the housing ladder ... ( read original story ...)
Analysis-China’s stimulus promises bring property sector hope, rather than confidence
Chinese finance industry professional Zhang Jing made enough money from a recent stock market rally to consider hopping on the housing ladder but wants to hear more from the government before making a ... ( read original story ...)
‘Rain after a long drought’: Property agents get busy as China’s big cities see brisk home sales
While some developers are signalling their optimism by raising prices, analysts doubt if the sales surge will last. Read more at straitstimes.com. ( read original story ...)
Too early to call a burst in China property buying a recovery, analysts say
Property sales soared in some Chinese cities during the week-long National Day holiday after a slew of stimulus was unveiled to support the market, but analysts warn it is premature to call it a solid ... ( read original story ...)