HK shares jump after China cuts key mortgage rate

Shares of Chinese property developers have jumped in Hong Kong as China's central bank cut a key mortgage rate for the first time in almost two years.The decision comes as concerns grow about a ... ( read original story ...)

China reluctantly gives property market a break

Beijing will let stressed real estate developers tap escrowed pre-payments, building on surprise cuts to interest rates and fresh support for M&A. It’s an imperfect, partial solution to a worsening ... ( read original story ...)