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Suning Finance Enters Cooperative Agreement with Real Estate Platform Leju.com

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Nanjing-based fintech company Suning Finance has just entered a cooperative agreement with online real estate e-commerce platform Leju.com.
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Property

China’s Property Market Makes Recovery from COVID-19 in June

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The latest data points to a significant recovery in China's property markets by the months of May and June, following the heavy...
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Economy

228 Chinese Real Estate Companies Go Bankrupt in First Half of 2020

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A rash of real estate companies in China have gone bust in the first half of 2020, although levels have not diverged...
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Property

Danke Apartment CEO Gao Jing Placed under Investigation by Chinese Authorities

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Tech-driven property management company Danke Apartment (蛋壳公寓) has announcement the replacement of its chief executive following the launch of an official investigation...
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Banking

Five Chinese Cities Obtain USD$15.53 Billion in Lending Support for Policy Rental Accommodation

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The Chinese central government has arranged for the expansion of lending for policy-directed rental accommodation in five more Chinese cities.
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Economy

Evergrande Plans to Acquire Full Control of Swedish Clean Car Maker NEVS

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Chinese real estate giant Evergrande plans to acquire full control of a leading new energy vehicle (NEV) maker in Sweden.
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Property

Over Thirty Local Governments in China Provide Home Subsidies of up to 8 Million Yuan

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At least 30 local governments around China have launched home purchase subsidy policies, as authorities seek to provide policy support to markets...
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Property

Average Rent in Beijing Was USD$650 a Month in May

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Home rental levels in Beijing and Shanghai posted slight declines in May as the Chinese economy continued to feel the impacts of...
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Economy

Beijing and Shanghai Score Lower on Residential Property Satisfaction Survey of 206 Chinese Cities

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A survey of residential property satisfaction levels in over 200 Chinese cities has found that first-tier urban centres perform less impressively than...
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Economy

China’s National Home Seeker Index Rises 2.1% in May, New and Pre-owned Housing Prices Edge Lower

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A key index for Chinese home purchases saw a sizeable on-month rise in the month of May, as China's economy makes a...
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Banking

CBIRC’s New Online Lending Rules Ban Speculation on Property and Stocks, Limit Consumer Loans

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China's banking regulator has issued the draft version of new online lending rules that seek to contain risk across a broad range...
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Property

National Land Transactions in April Double Compared to Previous Month, First-tier Cities Leap 258% YoY

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Land transactions in China posted a sizeable on-month leap in the month of April as the roll-back of COVID-19 lockdowns helped the...
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Latest stories

China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

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The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...
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Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

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Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...
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ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

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TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...
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China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Fintech CBNEditor - 0
Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.
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