ChatGPT creator OpenAI is tightening measures to block attempts from “unsupported countries and territories”, including mainland China and Hong Kong, to access its generative artificial intelligence (AI) services via application …
China needs to inject about 2 trillion yuan (US$276 billion) into its crisis-hit property market to mop up some 10 per cent of the housing inventory and stabilise property prices, …
“This is a buyer-led market, where I must offer more benefits to lure buyers,” Xiong lamented. In fact, he worries that the new policies reinforce the idea that the market …
Agile Group Holdings slumped after the mainland Chinese developer failed to pay interest on an offshore bond, underscoring the sector’s continuing struggle with liquidity pressure despite Beijing’s supportive measures. The …
Shares in Chinese developers jumped on Friday, led by Shimao Group, as the market expects more government stimulus for the property market after several big cities removed purchasing curbs over …
China’s home prices in the primary market fell for a 10th consecutive month in March, showing the government’s measures to support the nation’s struggling developers and lift consumer confidence are …
The bank’s debt in the country’s commercial real estate sector has come down to 7.7 per cent of total lending, just over half what it was two years ago, and …
Guangzhou R&F Properties, a defaulted Chinese developer, is banking on Hong Kong tycoon Cheung Chung Kiu in a distressed sale of its asset in London, the latest attempt to help …