In my almost 13 years in China, I’ve personally witnessed no more than a handful of protests: In Shanghai’s People’s Square during the Jasmine Revolution movement of 2011 and more recently last year ... ( read original story ...)
China property: will mortgage rates at 13-year low help Beijing attract buyers back to stagnant market?
Mortgage rates for first homes in 100 cities have fallen to 4.09 per cent from a peak of 5.74 per cent in September 2021, according to data compiled by Beike Research Institute Backed by Beijing's ... ( read original story ...)
China stocks rise on property boost; Hong Kong slips as COVID weighs
China stocks rose on Friday, boosted by property developers after the country's latest measures to support the beleaguered sector, while Hong Kong shares were dragged down by tech firms as China ... ( read original story ...)
Chinese lenders to pump $162bn of credit into property developers
research director of E-house China Research and Development Institute in Shanghai. Yan said the rare disclosure of the loan details by Chinese commercial banks indicated authorities want to shore up ... ( read original story ...)
Postal Savings Bank of China to provide $39 bln of property sector financing
Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion) in financing to property companies including Vanke, Longfor and Country Garden, it said in a statement ... ( read original story ...)
Shanghai’s housing market slump: Wealthy owners cash out and leave Mainland China
Shanghai: Shanghai’s home market might continue to witness ... “An increasing number of wealthy people are looking to offload their property assets as they bet a downturn of the local home market will ... ( read original story ...)
Exclusive-Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million
Celebrity looks from the arrivals carpet at the American Music Awards in Los Angeles. ( read original story ...)