Beijing’s top decision making body called for rescue measures for the property sector to be properly implemented, after regulators vowed to support the bruised industry to boost economic growth.
Tagged By property
China State Council, PBOC Vow to Boost Growth, Property
Chinese authorities ramped up their calls to prioritize growth next year and help the property sector recover from its worst slump on record, in further signs the economy will be top of mind in 2023.
China State Council, PBOC Vow to Boost Growth, Property in 2023
Chinese authorities ramped up their calls to prioritize growth next year and help the property sector recover from its worst slump on record, in further signs the economy will be top of mind in 2023.
China To Correct Past ‘Mistaken’ Housing Policies: Top Economist
China will roll out supportive measures for the property market in order to correct past, “mistaken” policies aimed at curbing the sector’s growth, according to the head of a top economic think tank …
World Bank cuts China growth outlook on COVID, property woes
The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and persistent property sector weakness.
China Property Developers Slump After New Round of Share Sales
More Chinese real estate developers are selling shares to shore up finances that have been hurt by an unprecedented housing slump.
Two Chinese property developers to raise funds via discounted share sales
CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such capital raising since …
China’s weekly new home sales rise slowly – private survey
New-home sales in 16 Chinese cities rose at a slower pace last week, held back by falling transactions in the biggest cities and by surging COVID-19 cases, despite government support policies and the …
Hong Kong stocks surrender gain as Covid cases cloud China reopening efforts, growth impetus
Hong Kong stocks erased gains as China struggles to contain a new wave of Covid-19 infections, marring Beijing’s attempts to refocus on shoring up the nation’s economic growth with stronger policy …
China Hints at Pro-Business Policies, Smaller Fiscal Boost
China’s top leaders said they will focus on boosting the economy next year, hinting at business-friendly policies, further support for the property market while likely scaling back fiscal stimulus.Mos …
China property: junk-bond party has begun as December rush delivers windfall, leaves Nomura, Goldman at risk of missing the boat
As Beijing backstops further cracks in the housing market, global fund managers have scored huge gains in the past two months, leaving more cautious analysts at Nomura and Goldman at risk of missing …
China Hints at More Property Support as Economy Takes Priority
China’s government hinted at further support for the real estate sector, with a top policy maker describing it as a “pillar” of the world’s second-largest economy.
China’s economic tsar ‘highly confident’ of recovery in 2023, mulls property-sector support
China will see an economic recovery next year and is mulling new measures to support the beleaguered real estate market, Vice-Premier Liu He said on Thursday.
