Understanding China Resources Land Limited’s (SEHK:1109) performance as a company requires examining more than earnings from one point in time. Today I will take you through a basic sense check to … ( read original…
Tagged By property
Hitachi Elevator (China) and Poly Real Estate Group extend partnership
Co., Ltd. inked another round of group purchase agreements with Chinese real estate developer Poly Real Estate Group in Guangzhou in March, 2020. This is the fifth round of such agreements between the … (…
Chinese property tycoon lands on debtors blacklist
The chairman of an acquisitive Chinese real estate conglomerate has landed on a national debtors blacklist that bars him from flying first class or going to nightclubs, as leverage pressures intensify … ( read original…
China outstanding property loans +13.9% y/y by end-March
China’s outstanding property loans were up 13.9% from a year earlier at 46.16 trillion yuan ($6.52 trillion) as of end-March, central bank data showed on Friday. ( read original story …)
China’s PBOC Shanghai branch pledges to ban illicit funding of property purchases
The Shanghai branch of China’s central bank on Thursday said it will strictly ban illicit funding of real estate purchases via property-backed consumer or business loans, while continuing to step up … ( read original…
The Latest: China reports 30 new virus cases, no deaths
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it … ( read original story …)
When Small Businesses Get Loans They… Buy Property?
But much to Beijing’s dismay, instead of paying salaries or shoring up working capital, these enterprises seem to be using the proceeds to buy real estate. The People’s Bank of China on Monday asked ……
China cuts benchmark rate for second time this year as expected
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. ( read original story…
UPDATE 1-China cuts key rate for second time this year, more easing likely
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. The … ( read…
China Bourse May See Additional Support On Monday
The China stock market has finished higher in two straight sessions, gathering more than 25 points or 0.9 percent in that span. The Shanghai Composite Index now rests just beneath the 2,840-point … ( read…
China Home-Buying Curbs Look Set to Stay Despite Nascent Rally
China’s residential property market may be on the road to recovery but local authorities appear intent on toeing the party line, sticking to President Xi Jinping’s mantra that homes are for living in, … (…
China’s Home Prices Return to Growth in March as Pandemic Impact Starts to Ease
New home prices in China returned to growth in March after stalling for the first time in five years in February, suggesting some pent-up demand as the impact from the coronavirus outbreak on the ……
China’s March home prices up 0.1% m/m after stalling in Feb
New home prices in China returned to growth in March after stalling in February, according to Reuters calculation, in a hopeful sign of a pick-up in the property market after the coronavirus health … (…