Some 22 cities including Beijing, Shanghai and Shenzhen will limit the number of land sales this year to three times while raising supply for bidding at each auction, a positive move for developers, … (…
PROPERTY
China shares end higher on gains in property firms
China shares rebounded on Thursday, as strong gains in the property sector helped the market recover from sharp losses made a day earlier. ( read original story …)
The increase of China Resources Land (1109.HK) expanded to over 14%.
Hong Kong property stocks soared, with China Resources Land (1109.HK) rising 14.42 per cent to HK $37.70, the highest since November last year, with a turnover of more than HK $1 billion and a market…
Mainland China, Hong Kong shares rebound; property stocks jump
At the midday break, the Shanghai Composite index was up 1.07 per cent at 3,602.28, while China’s blue-chip CSI300 index was up 1.43 per cent to 5,512.23. ( read original story …)
China an ‘authoritarian adversary’ -CIA nominee Burns
Burns, 64, a former career diplomat during both Democratic and Republican administrations, is expected to easily win confirmation to be director of the Central Intelligence Agency. Burns has already … ( read original story …)
China’s home prices see mild increases in January
China continued to see a generally stable housing market in January, with home prices in 70 major cities showing mild month-on-month rises, official data showed on Tuesday. New house prices in four … ( read…
Real estate moguls with a Greece-size debt problem look for hints of relief, even as China’s legislature tries to wean industry off its loans
In the second part of a series looking at China’s forthcoming legislative meetings, known as the Two Sessions, we look at how China’s real estate developers, among the biggest debtors in the country, … (…
China court orders man to pay wife for housework in landmark case
A Beijing divorce court has ordered a man to compensate his wife for the housework she did during their marriage, in a landmark ruling. . The case has generated a huge debate online over the…
China Home Prices Shake Off Fresh Curbs to Resume Faster Growth
China’s home-price growth accelerated in January as low inventory stoked a fear of missing out among buyers, even as authorities widened curbs. ( read original story …)
Mega cities fan China’s home prices further in test for policymakers
New home prices in China grew at a faster pace in January, driven by red-hot demand in the country’s mega cities despite several rounds of government cooling measures, leaving policymakers fretting … ( read original…
China’s new home prices in January rise 0.3% from a month earlier
New home prices in China grew at a faster pace in January, driven by red-hot demand in the country’s mega cities despite the government’s cooling measures. ( read original story …)
China HGS Reports First Quarter of Fiscal Year 2021 Results
China HGS Real Estate Inc. (“China HGS” or the “Company”), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today reported its financial results for … ( read original story …)
Suncity listco US$24mln cash under China property disposal
Suncity Group Holdings Ltd is to receive a cash payment of circa CNY155.3 million (nearly US$24.03 million) for disposal of a loss-making mainland China property development and leasing firm with … ( read original story…
