City Developments Limited (CDL) sank into the red with a net loss of $1.92 billion for its second half ended Dec 31, 2020, compared to a profit of $202.6 million a year ago.. Read more…
Tagged By property
China powers up Portugal property industry
The credit goes to China and other Non-European countries including Brazil, Turkey and South Africa for pouring whopping investment in property business through Portugal Residence Authorization … ( read original story …)
China Builders Soar on Land Rules Seen to Favor Big Players
Shares of Chinese developers soared after at least two cities released new land sales rules that may benefit leading property players. ( read original story …)
Mainland property developers surge as major Chinese cities prepare to alter land auction system
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, … (…
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…
