Friday, November 27, 2020
Tags Chinese real estate

Tag: Chinese real estate

Danke Apartment Object of Special Handling Team in Beijing Following Bankruptcy Reports

The Beijing municipal government has formed a specialist handling team for online property management platform Danke Apartment following reports that the New...

Chinese Banks Crack Down on Use of Personal Credit Cards for Real Estate Investment, Stock Speculation

Multiple banks in China have reiterated their strict prohibitions on the use of personal credit cards to purchase real estate or engage...

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.

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

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

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

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

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

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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Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.