Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring. ( read original story ...)
China to let local governments buy homes, cut mortgage rates to revive property sector
China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on Friday, the ... ( read original story ...)
Hong Kong, Shanghai stand out in Asia after China property move
Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring. The move provided ... ( read original story ...)
China, HK stocks rise as property share sentiment improves
SHANGHAI: Chinese stocks rose on Thursday, led by property and financial shares, as sentiment improved after several major cities lifted home purchasing restrictions and on reports that local ... ( read original story ...)
China’s real-estate market enters a new phase as cities end bitter war against property speculators
Chinese cities are rushing to dismantle a long-standing housing policy regime designed to keep speculators at bay, a remarkable U-turn that is just the beginning of a new chapter in the nation’s real ... ( read original story ...)
ZhongAn buys landmark offices in Shanghai
The insurer plans to build a FinTech cluster through the property purchase. ZhongAn Online P&C Insurance announced its purchase of two office buildings in Bund, Shanghai worth around $200m (CNY1.44b) ... ( read original story ...)
With China’s Property Market Struggling, India, Korea and Vietnam Are Hot
Just a few years ago, Asia’s commercial property market was driven largely by Hong Kong and China. With the mainland economy booming, it was easy to fill office towers in the former colony and in ... ( read original story ...)