Chinese banking regulators have told lenders to crack down on the use of consumer loans to finance home purchases, the latest effort to cool down the overheated property market and rein in financial risk. In…
PROPERTY
China’s massive property bubble creates mad scramble to take on decades of debt
Massive infusions of cash by way of the central bank, combined with runaway mass panic-buying has stampeded Chinese people into buying into the property markets in boomtowns like Shenzhen, despite the insane prices that almost…
Skeletons in China’s Property Closet
Shuli Ren is a Bloomberg Gadfly columnist covering Asian markets. She previously wrote on markets for Barron’s, following a career as an investment banker, and is a CFA charterholder. Chinese developers have been the talk…
Remark Holdings Announces Multimillion-Dollar Artificial Intelligence Contract to Help Companies Fight Intellectual-Property Piracy in China
LAS VEGAS, Sept. 28, 2017 /PRNewswire/ — Remark Holdings, Inc. (MARK), a global digital media technology company, announced that Sefon, a Big Data services company headquartered in Chengdu, China, awarded a multimillion-dollar contract to Remark…
China’s Tamping Down Property Prices As Mortgage Debt Presents Risks
China’s local officials are stepping on the brakes once again in the property market, attempting to keep home prices under control as they continue to move away from fundamentals. A total of eight cities, including…
China says intellectual property rights crackdown not reaction to other countries’ probes
BEIJING (Reuters) – China’s commerce ministry said on Thursday that its months-long crackdown on intellectual property rights violations was not a response to probes by other countries. Protection of intellectual property rights is important to…
China’s Guilin joins list of smaller cities imposing fresh property curbs
BEIJING, Sept 27 (Reuters) – The southern Chinese city of Guilin unveiled fresh property curbs this week, joining a growing list of smaller cities trying to tame rising home prices. Home owners in Guilin have…
China’s Property Stock Plunge Isn’t Fazing These Investors
Investors in junk dollar debt sold by Chinese property companies aren’t losing their cool. Chinese real estate bonds actually eked out a small gain on Monday, a Bank of America Corp. high-yield index shows. That…
China Property Stocks Won’t Stay Cool for Long
China-related property stocks, which made strong gains this year, sold heavily on Monday as investors reacted to another wave of tightening measures by Beijing. But many analysts say the decline is likely to be short-lived.…
China’s Property Developers Drag Hang Seng Index Lower
Hong Kong’s Hang Seng Index was dragged down 1% today, with Chinese property developer stocks among the worst performers after new property sale restrictions were introduced in eight cities across China in an effort to…
China property developers dip on new sales restrictions
Hong Kong-listed developers saw share prices drop on Monday as investors reacted to new property sales restrictions imposed across eight major Chinese cities in response to rising house prices. The cities of Changsha, Chongqing, Guiyang,…
China, HK stocks fall on property curbs, slowdown fears
SHANGHAI, Sept 25 (Reuters) – China and Hong Kong shares fell on Monday morning, led by property stocks after some cities imposed new housing controls to hose down an overheated market. Investor sentiment was also…
China stocks sag on property curbs, slowdown fears
SHANGHAI, Sept 25 (Reuters) – China stocks fell on Monday, as developers slumped after a new round of government curbs to rein in the heated housing market. The blue-chip CSI300 index fell 0.5 percent, to…
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