China is set to keep its benchmark lending rate steady at its monthly fixing on Monday, a Reuters survey showed, as policymakers seek to limit risk taking in the property sector.A snap poll of 23 mark ... ( read original story ...)
China stocks extend gains, lifted by property and logistics
SHANGHAI: China shares extended gains and ended higher on Friday, thanks largely to sharp rises in the property and logistics shares. At the close, the benchmark Shanghai Composite Index was up 1.13% ... ( read original story ...)
China Cities Ease Land Bidding Rules as Property Stress Spreads
Some Chinese cities have relaxed rules for land sales after cash-strapped developers became reluctant to bid, threatening the biggest revenue earner for local governments. ( read original story ...)
Financing conditions ease as property developers issue bonds
The financing environment for real estate companies seems to have improved quickly, as many Chinese developers successfully issued bonds in the interbank market. CRIC, a property research center, said ... ( read original story ...)
Metaverse shares and property developers lead China stocks lower
SHANGHAI: China stocks closed lower on Thursday, led by metaverse-related shares as the state media flagged risks, while real estate developers fell amid liquidity woes. The blue-chip CSI300 index ... ( read original story ...)
Shanghai aluminium hits near six-month low as stockpiles rise
Shanghai aluminium fell nearly 4% on Wednesday to its lowest in nearly six months as weak property data and rising warehouse inventories in China pressured prices. The most-traded January aluminium ... ( read original story ...)
Property the key for China’s copper prospects in 2022
Copper has the greatest upside momentum of all base metals in China heading into next year, but prospects for the red metal hinge on a recovery in the domestic residential property market, delegates ... ( read original story ...)