Asian indexes climbed, led by Chinese markets, as investors welcomed Beijing’s latest effort to support home buying. U.S. markets were closed for the Labor Day holiday. ( read original story ...)
Swire Properties eyes $1.34 billion deal for stake in firms with Shanghai land assets
Advt The stakes are currently owned by Shanghai Lujiazui Group, a property and finance company controlled by the state asset regulating authority in Pudong, and by a subsidiary of Shanghai Lujiazui ... ( read original story ...)
Global Indexes Rise on China’s Property Stimulus Measures
International stock markets rose, led by Chinese indexes, after Beijing rolled out further support measures for its beleaguered property sector. U.S. stock-index futures edged higher, with U.S. ( read original story ...)
China’s Eased Mortgage Policy Rekindles Beijing, Shanghai Housing Sales
Zhang said that a certain Shanghai real estate agency claimed that reservations to visit pre-owned housing jumped by 50 percent. However, the bull market for second-hand housing may arrive slowly ... ( read original story ...)
Global Indexes Rally on China’s Property Stimulus Measures
International stock markets rose after Beijing rolled out further support measures for its beleaguered property sector. U.S. markets were closed for the Labor Day holiday. ( read original story ...)
After Country Garden debt deal, focus shifts to China property recovery prospects
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo ... ( read original story ...)
Mortgage terms eased to attract homebuyers and stanch a housing slump
The adjustments mean that more people will be classified as "first time homebuyers," giving them access to mortgages with lower interest rates and smaller down payments. Xinhua news agency, quoting ... ( read original story ...)