Sunday, January 24, 2021
Tags Chinese property

Tag: Chinese property

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

China’s Housing Minister Flags Eight Key Themes for Real Estate Policy in 2021, Stresses Development of Rental Housing

The head of the Ministry of Housing and Urban-Rural Development (MOHURD) has provided an outline of the authority's policy plans this year,...

Chinese Central Bank Targets Concentrations of Real Estate Lending

China's central bank and its top banking regulator have jointly launched a new system to regulate the concentration of real estate lending...

Li Keqiang Hopes to Drive Financial Inclusion in China with Unification of Movable Property Registration under Central Bank

Premier Li Keqiang hopes to give a boost to secured financing for smaller companies in China with the launch of new measures...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

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

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

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

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

Danke Apartment CEO Gao Jing Placed under Investigation by Chinese Authorities

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...

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

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

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

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

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...