Who said China’s financial markets were in turmoil? Since January last year, the yield on the country’s benchmark 10-year government bond – which moves inversely to prices – has fallen …
Cushman expects some 180,000 new homes to change hands in the second half of the year, up from 133,000 in the first six months. This would further narrow the annualised …
Beijing, China’s capital, has finally joined other major Chinese cities in relaxing home buying restrictions to bolster the property market. The Beijing Municipal Commission of Housing and Urban Development said …
Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could …
The development and application of artificial intelligence (AI) technology in China’s banking sector could help the nation’s lenders generate new revenue streams, as banks grapple with challenges ranging from a …
In the first five months of the year, Poly Property sold properties worth about 21 billion yuan, 37 per cent lower than it recorded in the same period of 2023. …
China’s Politburo – a high-level decision-making body of the country’s Communist Party – reviewed a pilot accountability mechanism for financial de-risking on Monday, the latest offensive in Beijing’s campaign to …
Troubled property developer China Vanke will receive a 7.8 billion yuan (US$1.1 billion) lifeline in the form of bank loans guaranteed by its subsidiaries, a day after the company had …
Chinese Vice-Premier He Lifeng called on local governments to purchase undeveloped land and unsold homes from property developers in a strong signal of Beijing’s determination to rescue the property sector …
A consortium formed by Hong Kong tycoon Li Ka-shing’s infrastructure and energy flagship, CK Infrastructure, property arm, CK Asset Holdings, and international energy utility investment unit, Power Assets Holdings, is …