One can see why. Last year, developers’ stocks were major laggards, on average retreating 18% versus a broadly flat MSCI China Index, even as property sales shot up 35%. After last week’s rally,… ( read…
Tagged By property
Govt aims for passage of enemy property bill in Rajya Sabha
It includes persons who went to China too. Opposition parties such as Congress … in the UP election where all contestants have used polarising tactics. The “enemy property” issue is linked by BJP to “minorityism”…
China can stabilize homes prices, tax plan under way: government
BEIJING China’s property prices will remain stable in the first quarter, housing minister Chen Zhenggao said on Thursday, adding the government has the capacity and methods to stabilize the market. “We are aware that the…
China home price growth cools for fourth straight month as government curbs bite
Over the past year, authorities have slapped curbs on China’s property sector – a major contributor to the broader economy – as the concentration of price surges in the country’s wealthiest cities stoked fears of…
China's overseas property purchases, investments slump as capital controls bite
BEIJING (Reuters) – Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country’s foreign exchange reserves. Investment by…
Steel rebound fizzling as China's property market slows
Steelmakers aren’t out of the woods yet. A year-long resurgence risks fading as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a U.S.-based hedge fund manager and former Citigroup…
Exclusive: China's top developers plan to invest more in land this year – Reuters survey
The Chinese Academy of Social Sciences forecasts China’s property investment will rise 5.4 percent in 2017. Increasing competition for land in major cities will not only pose a challenge to authorities who want to avoid…
China property stocks priced for disaster are bargain to Goldman
China’s property developers are in far better shape than their rock-bottom stock valuations would have you believe. So say top analysts from firms including Goldman Sachs Group Inc. and Citigroup Inc. As curbs to cool…
How Two Dealmakers Solved The China Problem
As a candidate for president, Donald Trump promised to end what he called “China’s outrageous theft of intellectual property.” And as president, he may indeed decide to levy tariffs or other punitive measures against China.…
Bid to shrink China’s property bubble ‘puts key growth driver at risk’
Beijing’s focus on deflating China’s asset bubbles and eliminating financial risks is hurting one of its key growth drivers, the property sector, analysts said. Property attracts nearly one fifth of China’s fixed-asset investment and directly…
UPDATE 2-China 2016 property investment rises 6.9 pct y/y, sales jump to 7-year high
* 2016 property investment +6.9 pct y/y, sales volume +22.5 pct * New housing starts +12.5 pct in December * December investment, sales rise strongly vs Nov (Adds analyst comment, quotes from NBS official) By…
China January factory activity expands for sixth month at modest pace but risks loom
A slowing property market could also dent China’s industrial activity this year, dampening demand for building materials from glass to steel. The official Purchasing Managers’ Index (PMI) released on Wednesday stood at 51.3 in January,…
China Jan factory activity expands for 6th month at modest pace
However, some analysts question whether the growth will be sustainable once the impact of earlier stimulus measures begins to wear off and as the property market starts to cool, which is widely expected. China’s economy…
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