Tuesday, January 26, 2021
Home Property

Property

Chinese Millennials Lead Global Homeownership Rates: HSBC

A new report from HSBC claims that China is host to the world's highest homeownership rates for millennials. The HSBC report on global homeownership entitled "Beyond the...

Beijing Conurbation Combats Speculation in Real Estate

Local government in Beijing is working with the local governments of adjacent Hebei province and Tianjin municipality to tame property speculation within the region, after...

Local Governments Step Up Inspections of Real Estate Transactions

Local governments are further tightening their supervision and inspection of the real estate transactions at the prompting of Beijing's Ministry of Housing and Urban-Rural Development. Chongqing's land department...

Real Estate Policies Drive Negative Price Growth in China’s Big Cities

Efforts by Chinese regulators to curb overheating urban property markets are taking effect, with a slew of major cities including Shanghai and Nanjing posting...

Access to Offshore Dollar Bonds Dries up for Property Developers

Chinese regulators have clamped down on the issuance of offshore dollar bonds by property developers as part of a bid to cool down China's overheating...

Local Governments Cool Housing Markets with Rash of Sales Restrictions

Municipal governments around China are striving to cool down overheating local housing markets with the introduction of heavy sales restrictions that expand the scope of property market controls. At...

Commercial Property Sales Post Sharp Growth Decline

Year-on-year growth in both the area and value of commercial property sales has fallen sharply following the introduction of measures by the Chinese government to rein...

China’s Banking Regulator Says Real Estate Lending Risk is Under Control

The China Banking Regulatory Commission has indicated that it considers risk in relation to real estate loans to lie within a "controllable" threshold. Xiao Yuanqi,...

CASS Sees Decline in Personal Home Loan Demand

The "2017 Real Estate Blue Paper" released by the China Academy of Social Sciences expects sales growth to ease this year and prices to remain...

Banks Lift Home Loan Costs in Beijing, Shanghai, Guangzhou

Chinese lenders are lifting rates for home loans in major cities across the country. Data from Rong360 indicates that multiple cities across China have seen home...

Exposure of Listed Lenders to Property Sector Exceeds 20 Trillion Yuan

The total value of housing-related loans made by 25 of China's A-share banks is reportedly in excess of 20 trillion yuan (USD$2.9 trillion). China Securities Journal reports...

First Homebuyer Rates Rise for the Fourth Consecutive Month

Chinese lenders have raised rates for first homebuyer loans continuously since the start of the year, as policymakers compel the banking sector to heavily curb issuance...

Latest stories

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Research

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...

Banks in Guangzhou, Shenzhen Reportedly Suspend New Mortgages as Regulators Tighten Restrictions on Property Loans

Banks operating in the Guangdong province capital of Guangzhou have reportedly suspended the provision of new mortgages following the imposition of caps...