Hong Kong stocks open weak after China Evergrande Group, the world’s most indebted developer, said it would cancel creditor meetings dealing a setback to its debt restructuring plans. ( read original story ...)
China economy best revived by easing of property restrictions
Pilot property taxes were first introduced in Shanghai and Chongqing in 2011 to curb rising house prices and speculation, but the tax sizes were comparatively small. The new draft law would have gone ... ( read original story ...)
China’s property crisis weighs on developing Asia’s 2023 growth outlook – ADB
Men work near residential apartment blocks under construction on the outskirts of Beijing, China November 29, 2017. REUTERS/Thomas Peter/File Photo ... ( read original story ...)
Guangzhou relaxes home purchase restrictions, Beijing, Shanghai, Shenzhen may follow as China steps up property easing
Guangzhou relaxes home purchase restrictions, becoming the first among tier-one cities to take such a step, and analysts expect Beijing, Shanghai, and Shenzhen to follow suit to prop up the sluggish ... ( read original story ...)
How Much is China’s Property Market Weighing on Its Economy?
China’s growth this year has been weaker than expected as its economy has been hit by two severe shocks. First, tight monetary policy in its trading partners is depressing consumption and, as a ... ( read original story ...)
China Property, Federal Reserve Outlooks Cramp Asian Stock Markets
Asian stock markets largely drifted lower Monday, undercut by the uncertain outlook for China property markets and the pending rate decision by the US Federal Reserve, slated for Wednesday. Hong Kong ... ( read original story ...)
PGIM invests in Hong Kong, mainland China, Australia rental property markets, betting on their strong fundamentals, discounted assets
There is a growing need for rental housing especially in cities where the cost of residential buying has become really high, according to PGIM The property markets in mainland China, Australia and ... ( read original story ...)