Asian shares traded mixed on the first trading day of the week due to weak global cues and as commodity prices took another tumble.» Read More
HONG KONG, July 9- Hong Kong stocks jumped on Thursday, snapping a four-day losing streak, as mainland Chinese stocks rebounded after a flurry of rescue measures from the Chinese government. Hong Kong Exchanges and Clearing, led gains in the Hong Kong blue-chip index, rising 14.9 percent. Guotai Junan jumped 34.4 percent, China Galaxy Securities surged 23.9...
*Property sector accounts for 15 pct of China's growth. China's real estate investment growth slipped in the first quarter to its lowest rate since 2009 as developers focused on clearing excess inventory, but rare comments from senior executives offer hope of a near-term pick-up in home sales and a knock-on boost for about 40 related business sectors.
HONG KONG, April 15- Growth in China's real estate investment in the first quarter slowed to the lowest rate since 2009 as developers prioritized clearing inventory amid a housing glut, while the rate of fall in property sales narrowed. Growth in China's gross domestic product, of which real estate comprises about 15 percent, slowed to a six-year low of 7.0...
*China market on track to end the week up about 2 pct. SHANGHAI, March 27- China stocks rose on Friday morning, led by property shares which rose sharply on expectations of increased support, and bolstered by the government raising limits in its qualified investor scheme. The impact of poor economic data released on Friday- showing profits earned by Chinese...
Luxury property sales took a hit last year as China's anti-corruption campaign discouraged conspicuous consumption, but buyers are now taking advantage of easier credit and a stock market rally to upgrade their homes. "It's not going to lead to a full recovery in the market," said Clement Luk, Shanghai- based chief executive officer for eastern China at property...
Despite falling prices and mounting inventories, Chinese developers are upbeat on business prospects for the coming months, according to a new survey.
As China's property sector appears set to emerge from the doldrums, mainland developer stocks look like a good bet this year, analysts tell CNBC.
Dalian Wanda Commercial Properties debuts in Hong Kong on Tuesday in what will be Asia's biggest initial public offering this year, but market sentiment is far from strong, experts say.
Owner of Dalian Wanda says China's era of rapid urbanization will end within a decade, so he is looking to shift toward tourism and entertainment.
Asian equities reversed losses to end higher on Friday ahead of U.S. jobs data, with Hong Kong markets in focus as protests entered their eighth day.
China Resources' chairman allocated many of its investment banking deals over the past five years to institutions employing his alleged mistress.
A small Chinese developer has splurged $3.3 billion on land in the past nine months even as property sales slow and home builders scrabble for cash.
Amid reports that China is considering relaxing house ownership restrictions, analysts have tipped the real estate sector as one to watch.
China shares have enjoyed a three-month-long rally and now it's time for investors to turn selective, analysts said.
China's home price inflation may be steeper than official data suggest, with a near quadrupling of home sales in the capital last week after the government unveiled tax plans to curb speculation.
China's property-related shares fell by the most in nearly five years on plans to tighten curbs on the housing market, though some economists predict a near-term spike in existing home prices, at least until local governments work out how to implement the changes.
Chinese shares tumbled to their lowest close in six weeks, after Beijing hit property developers with harsher-than-expected tightening measures to contain housing costs.
Speculation that the Chinese government will implement further measures to cool the country's bubbly property market has sent stocks of major Chinese developers tumbling in recent weeks. But analysts tell CNBC this provides investors an opportunity to hunt for bargains.
China markets resumed their decline, after a one-day recovery on Wednesday, dampened by fresh worries about monetary tightening and expansion of property sector curbs.
Asian stock markets climbed higher on Thursday led by Australian shares, which hit a four-year high on strong corporate earnings. Risk sentiment was also boosted by firm gains in Japan and Hong Kong ahead of a weekend meeting of G20 central bank officials.