A gauge of Asian equities fell amid a subdued tone in markets on Friday after Thanksgiving in the US. Treasuries rose as trading resumed after the holiday. Most Read from BloombergBinance’s Zhao Flags ... ( 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 billion of property sector financing
Surveillance cameras are seen near residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song/File Photo ... ( read original story ...)
New Shanghai COVID-19 Rules Dim China Luxury Market Outlook
According to Barclays, the latest round of restrictions in one of China's most important luxury hubs will bring an "additional headwind to China luxury sales in the fourth quarter." ... ( 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 Disneyland Sets Latest Reopening Plan
After several closures and reopenings throughout the pandemic, Shanghai Disneyland is again set to resume operations, on Friday November 25. The Shanghai Disney Resort said it would continue to ... ( read original story ...)