Prices of new homes in China surged 12.4 percent last year, the fastest rate since 2011, prompting more than 20 cities to introduce property curbs to cool the market since October. The red-hot land market,…
PROPERTY
China seeks stable development in property market
China is seeking to maintain stability in the property market this year after the roller coaster ride of 2016, with measures to prevent surges in metropolises and the growing inventories in small cities. “Despite looming…
China can manage financial risks if property tax introduced: state media
BEIJING China could manage the resulting financial risks if a property tax is introduced and causes the housing market to correct, a state newspaper said on Monday in a front-page commentary that sought to dispel…
China’s smaller cities set to lead home sales growth
While home sales are facing a slump in China’s large, top-tier cities, they are going from strength to strength in some of their lesser known counterparts. As the government continues to intensify measures designed to…
BRIEF-China Aoyuan Property announces equity transfer agreement
* Vendors, purchaser, vendor guarantors, purchaser guarantors and target company entered into equity transfer agreement * Deal for consideration of RMB984.9 million * Vendors are Shenzhenshi Qiushuo Investment Development and Shenzhenshi Zhongnanhuali … ( read…
China insurance watchdog bars Evergrande Life from stock investing for one year
China’s top insurance regulator has punished a second company in just two days for short-term speculation, suspending the insurance arm of leading property developer Evergrande Group from trading in stocks for one year. The China…
China's IPR bullet train runs between Beijing, Guangzhou
Bullet trains with Chinese intellectual property rights on every component started running … Development of the train has taken about four years, according to the China Railway Corporation. The China-standard bullet train made its first…
China to tighten stock market supervision
BEIJING, Feb. 26 (Xinhua) — China will tighten supervision of stock markets to prevent … Saturday that it had restricted stock trading by Evergrande Life, a unit of property conglomerate Evergrande Group, for one year…
China regulator punishes Evergrande Life for irregular stock trading
China’s insurance regulator said Saturday that it has imposed measures to restrict stock trading of Evergrande Life, a unit of property conglomerate Evergrande Group, for one year due to the insurer’s irregular investment operations. This…
Why Chinese Real Estate Stocks Are Rallying
One can see why. Last year, developers’ stocks were major laggards, on average retreating 18% versus a broadly flat MSCI China Index, even as property sales shot up 35%. After last week’s rally,… ( read…
Govt aims for passage of enemy property bill in Rajya Sabha
It includes persons who went to China too. Opposition parties such as Congress … in the UP election where all contestants have used polarising tactics. The “enemy property” issue is linked by BJP to “minorityism”…
China can stabilize homes prices, tax plan under way: government
BEIJING China’s property prices will remain stable in the first quarter, housing minister Chen Zhenggao said on Thursday, adding the government has the capacity and methods to stabilize the market. “We are aware that the…
China home price growth cools for fourth straight month as government curbs bite
Over the past year, authorities have slapped curbs on China’s property sector – a major contributor to the broader economy – as the concentration of price surges in the country’s wealthiest cities stoked fears of…
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