Beijing has rolled out more measures to support its flagging real estate sector, including extending repayment periods, facilitating financing for developers and lowering mortgage down-payments. That ...
Luxury home sales in Hong Kong expected to hit a 9-year low in 2022 amid rising interest rates and pandemic effects, Centaline says
Only 1,800 new and used homes worth more than HK$20 million are expected to be sold this year, according to forecast Analysts say the luxury property market in the city has been hit by a double whammy ...
China’s ‘most comprehensive’ rescue package for property sector lifts stocks, bonds
Chinese property stocks and bonds soared on Monday as the market cheered Beijing's "most comprehensive" support measures aimed at boosting liquidity in the sector in its latest attempt to stabilise a ...
China’s real estate crisis could be over. Property stocks are soaring
Chinese authorities are making their biggest effort yet to end a crisis in the country's vast real estate sector that has weighed heavily on the economy over the past year.
Hong Kong, China stocks extend rally on easing of Covid-19 curbs, support for developers
BEIJING - Stocks in China, including Hong Kong, rallied for a second day on Monday, after the announcement of new measures to prop up the beleaguered property sector and the easing of the country’s ...
Chinese authorities unveil sweeping measures to rescue property sector
Hong Kong and Chinese markets soared on the announcement that the government would extend loans for distressed developers ...
Hong Kong residential sales down 6.3% to 3,875 units in September
The number of cases involving Buyer’s Stamp Duty (BSD) was the lowest since December 2020, reflecting low demand from non-local buyers of Hong Kong property. Amid demand shrinkage, the luxury market ...
China’s Property Shares Jump as Regulators Outline New Financing Package
Chinese property stocks soared on Monday as the market cheered a new aggressive financing package outlined by Chinese regulators to shore up the liquidity of its embattled property sector, with the ...
Chinese Stocks in Hong Kong Take Gains From October Low to 20%
Chinese stocks extended their eye-catching November rebound, with property names surging after the nation prepared its most sweeping rescue package to bail out the sector.
China plan to restore sector liquidity boosts property stocks
Chinese property stocks soared on Monday as the market cheered an aggressive plan outlined by Chinese regulators to shore up liquidity in the embattled sector, with the sub-index surging close to a ...
Shares in Hong Kong jumped 593 points or 3.4% to trade at near 6-week highs
The move coincided with a publicly announced 20-point playbook from the National Health Commission aimed at reducing the economic and social impact of containing Covid.'' As a consequence, Shares in ...
China Plans Property Rescue as Xi Surprises With Policy Shifts
(Bloomberg) -- China issued sweeping directives to rescue its property sector, adding to a major recalibration ... add fuel to a market rally that sent a gauge of Chinese shares in Hong Kong up 17% in ...
Hong Kong home prices to plummet 25 per cent this year in some areas, slump is ‘sharper than it appears’, agents say
The decline in prices of lived-in homes in Hong Kong is being ‘underestimated’, according to property agents, as some housing estates may see prices nosedive as much as 25 per cent this year.
Evergrande Loses $770 Million on HK Tract Sold by Receivers
Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here. A Hong Kong property that China Evergrande Group planned to build a residential project on has been ...