China has tightened rules on home buyers borrowing from the housing provident fund to rein in skyrocketing property prices in many cities that have fueled fears of a growing bubble. ( read original story …)
Tagged By property
China’s November factory growth picks up
Data upbeat despite crackdown on air pollution and cooling property market BEIJING • Growth in China’s manufacturing sector unexpectedly picked up last month, despite a crackdown on air pollution and a cooling property market that…
China’s factory growth unexpectedly picks up despite pollution crackdown
Growth in China’s manufacturing sector unexpectedly picked up in November, despite a crackdown on air pollution and a cooling property market that have been widely expected to weigh on the world’s second-largest economy. The upbeat…
Time to Cut China Property Bonds at Standard Life; India Lures
Standard Life Aberdeen plc is reducing its holdings of dollar bonds sold by Chinese real-estate companies, expecting that Beijing’s efforts to reduce financial risk will hit the nation’s property prices. Craig MacDonald, global head of…
China needs a new growth model to wean itself off property market highs
China’s bond yield topped 4 per cent last week, up by about 50 basis points in two months. That clearly reflects a tightening monetary stance. Meanwhile, China’s nominal gross domestic product growth rate accelerated to…
Chubb Announces Strategic Cooperation Agreement with China’s PICC Property & Casualty Company
ZURICH, Nov. 27, 2017 /PRNewswire/ — Chubb Limited (CB) today announced that it has entered into a strategic cooperation agreement with PICC Property & Casualty Company of China that will leverage Chubb’s global capabilities in…
BRIEF-China SCE Property Says Newup Holdings Acquires About 1.3 Million Shares In Co
Nov 27 (Reuters) – China SCE Property Holdings Ltd : * NEWUP HOLDINGS ACQUIRES ABOUT 1.3 MILLION ORDINARY SHARES OF HK$0.10 EACH WITH AN AVERAGE PURCHASE PRICE OF HK$3.3815 PER SHARE Source text for Eikon:…
In China Property, Investors May Switch From Bonds to Stocks
Stocks of Chinese property developers are a better buy than their bonds even after a huge rally, according to JPMorgan Chase & Co. That’s because the gap between developers’ dividend yields and credit spreads are…
In China Property, Investors May Dump Bonds for Promising Stocks
Stocks of Chinese property developers are a better buy than their bonds even after a huge rally, according to JPMorgan Chase & Co. That’s because the gap between developers’ dividend yields and credit spreads are…
China must enhance protection of intellectual property rights: Premier Li
SHANGHAI (Reuters) – It is strategically important for China’s economy that the country enhances protection of intellectual property rights, the state news agency Xinhua quoted Premier Li Keqiang as saying, as the cabinet promised to…
China to fend off bubble risk with tighter property rules
Beijing says it will stop illegal capital from moving into real estate Investment is to be shared out more evenly to other sectors Cooling measures on property prices appear to be taking effect Chinese authorities…
China to step up property rights protection
China will step up protection of property rights to provide sustained impetus for economic development, according to a statement following a State Council executive meeting chaired by Premier Li Keqiang on Wednesday. Businesses will enjoy…
BRIEF-China SCE Property Holdings says NewUp Holdings acquired of 1.2 million shares of company
Nov 22 (Reuters) – China SCE Property Holdings Ltd : * NewUp holdings acquired an aggregate of 1.2 million ordinary shares of HK$0.10 each of company Source text for Eikon: Further company coverage: Our Standards:The…