China lowered its new lending reference rate slightly on Tuesday … to cut interest rates system-wide due to fears of a further surge in debt and possible property bubbles. It last cut the one-year ……
PROPERTY
Here’s Why China Yuanbang Property Holdings (SGX:BCD) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. ( read original story…
Hong Kong, China investors hold fire over Vancouver commercial property, but prices unlikely to crash, analysts say
Foreign investors, including those from Hong Kong and mainland Chinese, largely stayed out of commercial real estate in Vancouver, Canada’s second-largest investment market, in the first half of 2019 … ( read original story …)
Property management gaining momentum
Real estate developers from China are shifting their focus to property management, which is tipped to reach a market size of 1 trillion yuan ($141.9 billion) in five to 10 years, even as low sales,…
China property price changes in July
Jun 0.6 -0.1 0.1 0.3 0.3 0.5 0.7 May 0.7 0.6 0.2 -0.1 0.8 0.4 1.8 Apr 0.6 0.5 0.7 0.3 1.1 0.4 1.2 Mar 0.6 0.4 0.3 -0.1 0.8 -0.3 0.6 Feb 0.5 -0.2…
China’s Jan-July property investment growth slows, sales fall
BEIJING, Aug 14 (Reuters) – China’s property investment grew 10.6% in the first seven months of the 2019 on a year-on-year basis, slowing from 10.9% in the January-June period, official data showed on … (…
Guangzhou-based Yuexiu Property warns of tougher times ahead after Beijing tightens screws on housing sector, slowing economy
“The government has been very clear that they want to steady the property sector and the price of land. Rising US-China trade tensions has also made the property market nervous,” Lin Zhaoyuan, … ( read…
RPT-China’s builders brace for winter: buy less land as home sales weaken
After two years of breakneck growth, China’s property market hit a downturn in the second half of last year following a series of cooling measures by the government to contain prices. Beijing recently … (…
China to inspect property-related loan policies in 32 cities
Potential homebuyers examine property models at a sales site in Shanghai. [Photo provided to China Daily] BEIJING – China will launch a targeted inspection on banks’ property-related businesses in 32 … ( read original story…
China’s builders brace for winter: buy less land as home sales weaken
After two years of breakneck growth, China’s property market hit a downturn in the second half of last year following a series of cooling measures by the government to contain prices. Beijing recently … (…
Brexit and US-China trade war hits major property provider
One of the world’s largest property providers, Savills (SVS.L), revealed that Brexit uncertainty and the ongoing US-China trade war is hitting its bottom-line. In the group’s half year results, for … ( read original story…
China’s Crackdown on Philippine Casinos Hits the Property Sector
China urged the Philippines to stop its casinos from hiring Chinese citizens as part of a wider crackdown on cross-border gambling and illegal funds flow, a move seen to hurt the Southeast Asian … (…
China Builders Weaken Debt Safeguards as Buyers Chase Yield
China’s central bank recently urged banks to “reasonably” control lending to the property sector, and said it will step up supervision of already highly leveraged developers. The recent slump in the … ( read original…
