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Tag: property

Posted on 30/01/2024

Fed, China Property Outlooks Roil Asian Stock Markets

Asian stock markets were choppy Tuesday as traders eyed the pending US Federal Reserve policy meeting and the still-uncertain outlook for China's economy and property sector. Hong Kong and Shanghai fell back, ( read original story ...)

Posted on 29/01/2024

List of property projects eligible for funds out soon

China’s prolonged property downturn has pummelled its economy, with developers struggling to repay debt and deliver projects. It’s sparked authorities to implement a raft of policy moves, including ... ( read original story ...)

Posted on 22/01/2024

BlackRock to sell Shanghai office towers acquired for US$167 million in 2018 for 30 per cent discount, sources say

BlackRock is seeking to sell an office complex in Shanghai at about a 30 per cent discount to its purchase price, people with knowledge of the matter said, reflecting the sluggish commercial property ... ( read original story ...)

Posted on 21/01/2024

China property: why an uptick in Beijing, Shanghai home sales is unlikely to last

Beijing and Shanghai issued their latest round of support measures last December to shore up confidence. The measures seem to have yielded solid results. But analysts say the trend is far from ... ( read original story ...)

Posted on 19/01/2024

Hit Chinese TV show Blossoms Shanghai taps into culture and ignites spending – but can the consumption craze be copied?

Domestic products are increasingly driving consumption in China at a time when retail choices have begun to shift away from the long-time pursuit of international brands, according to economic ... ( read original story ...)

Posted on 18/01/2024

China Property Slump: New Home Prices Fall At Fastest Pace In Nine Years

Prices in Shanghai, however, were up 0.2% ... China’s diminishing workforce will have an ongoing impact on the property sector in the years to come — even as the government attempts to lend support ... ( read original story ...)

Posted on 15/01/2024

Ex-PBoC official: China’s property downturn may continue for two more years

The People’s Bank of China's (PBoC) former director Sheng Songchen said on Saturday at a forum in Shanghai that the property downturn in China may continue for two more years before gaining stability, ... ( read original story ...)

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