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Posted on 28/05/2024

Shanghai Is First Chinese First-Tier City to Lower Mortgage Rates

Mortgage rates in China are at historic lows, but first-tier cities have kept their rates at high levels. As their home inventories and increments are different than those of lower-tier cities, they ... ( read original story ...)

Posted on 28/05/2024

Stock Market Today: Asian Shares Display Mixed Performance Following Quiet US Holiday

S hares across Asia exhibited a mixed performance on Tuesday, reflecting a cautious sentiment amid the absence of trading in U.S. markets due to the Memorial Day holiday. However, gains in oil prices ... ( read original story ...)

Posted on 28/05/2024

Shanghai eases housing curbs as aid spreads to big cities

SHANGHAI - The financial hub of Shanghai eased requirements for home downpayments and mortgages, as bigger Chinese cities follow through on the central government’s aid for the property sector. ( read original story ...)

Posted on 28/05/2024

Hong Kong stocks extend gains, cheered by Shanghai’s property easing, China’s US$47.5 billion chip fund

Shanghai will cut the down-payment ratio, the mortgage rates, while offering subsidies to homebuyers and allowing multi-children families to purchase one more home SMIC and Hua Hong Semiconductors ... ( read original story ...)

Posted on 28/05/2024

Shanghai lifts home-buying curbs to boost property sector

Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy. This month, Beijing cut the ... ( read original story ...)

Posted on 28/05/2024

Market Watch: Key Things To Know Before Stock Market Opens Today, May 28

Stocks To Watch Today: LIC, Adani Energy Solutions, And More Are Among Top Stocks To Track On May 28 ... ( read original story ...)

Posted on 28/05/2024

China’s Shanghai city announces measures to prop up property market

Taking the lead from similar support measures in other cities, China’s Shanghai city announced several measures to inject life into its beleaguered property sector on Tuesday. Required years of social ... ( read original story ...)

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