Wuhan became the first top 10 mainland city by economic output to fully remove home ownership limits to help stop the rot in the property market. Beijing, Shanghai and Shenzhen are unlikely to follow ... ( read original story ...)
China blue chips edge higher after 3-day slide
SHANGHAI: Chinese blue chips inched higher on Tuesday ... Goldman Sachs analysts said policymakers have turned decisively more dovish towards the China property sector, expecting a smaller decline in ... ( read original story ...)
China blue chips edge higher after 3-day slide, property stocks top gainers
Chinese blue chips inched higher on Tuesday, as some investors bought the dip after a three-session slide amid hopes for a de-escalation in Sino-U.S. tensions. ( read original story ...)
Shanghai shopping malls poised for surge of new tenants chasing post-pandemic ‘revenge spending’ spree
At least 13 global chain-store operators have already set up or plan to open their first mainland Chinese shops in Shanghai, this year China's exit from its zero-Covid strategy will unleash pent-up ... ( read original story ...)
Worst Year for Chinese Steel Mills Since 2016 Gives Way to Hope
China’s steel mills are gearing up for a brighter year as prices of the construction material recover on optimism that an economic rebound and measures to revive the property industry will boost ... ( read original story ...)
China’s Savings Conundrum
Spurred by China’s rigid COVID-19 containment strategy, which the government rolled back in December, household savings surged by CN¥17.8 trillion in 2022, growing by more than CN¥5 trillion in the ... ( read original story ...)
Chinese cities lower or scrap floor on mortgage rates to boost demand
Many Chinese cities have rushed to lower or even scrap the floor on mortgage rates for first-time home buyers in recent weeks, a research firm report said on Thursday, as authorities eased rules ... ( read original story ...)