The bimonthly property investment index dropped to 109 last month from 113 in September, its lowest since March 2016, the Shanghai-based bank said on Thursday. “Property investment enthusiasm from top urban households was dampened by governmental ... ( read original story ...)
Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy
Reuters interviewed 12 property agents selling new and existing homes who said they had helped clients dodge lending rules. Another veteran salesperson in Shanghai who works at real estate company E-House China said around 50 percent of his clients engage ... ( read original story ...)
Property shares, resources firms push Shanghai stocks up
Shanghai stocks reversed early losses to end firmer on Wednesday, bolstered by a surge in property shares and resources firms. At the close, the Shanghai Composite index was up 4.35 points or 0.13 per cent at 3,338.00. The blue-chip CSI300 index was down 0 ... ( read original story ...)
China must enhance protection of intellectual property rights: Premier Li
SHANGHAI (Reuters) - It is strategically important for China's economy that the country enhances protection of intellectual property rights, the state news agency Xinhua quoted Premier Li Keqiang as saying, as the cabinet promised to improve regulations. ( read original story ...)
Hong Kong dominates Asian property investment in first half
The city took the top investment spot with real estate sales reaching US$8,269 million, a 5 per cent year over year increase, ahead of Tokyo which had sales worth US$6,207 million. Shanghai came in third (US$5,854 million), and fourth was Singapore (US$5,801). ( read original story ...)
2017’s first decline in bank loans for property development after state controls chill Shanghai market
Bank loans to local developers in Shanghai recorded their first month-on-month decline for 2017 in October, after a slump in home sales and a bleak outlook curbed the appetite for new construction. Loans to developers declined by 3.6 billion yuan (US$542 ... ( read original story ...)
Commercial Real Estate Remains a Safe Haven Despite Divisive Global Political Climate
But, according to the latest figures from global real estate consultant JLL, commercial real estate continues to successfully navigate this uncharted territory. Third quarter global transactional volumes remain unchanged compared to the same period a year ... ( read original story ...)