Asia stocks closed mostly lower on Thursday as Chinese monetary stimulus failed to lift sentiment amid uncertainty over Greece and oil.» Read More
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...
*Hang Seng Index heads for best week in 5. HONG KONG, Jan 2- Hong Kong shares rose on the first trading day of the new year on Friday and looked set for their best week in the last five weeks, with Chinese property and financials stocks leading the way. "Sentiment toward companies which are to be benefit from China's policy remained strong, and that fuelled demand for...
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.
HONG KONG, Dec 17- The billionaire behind shopping mall developer Dalian Wanda says China's era of rapid urbanisation will end within a decade, so he is speeding up his company's shift toward tourism and entertainment after a $3.7 billion initial public offering. Wang Jianlin became China's fourth-richest man in part by following the migration of 300 million...
*China home-price data shows 1st y/y fall since Nov 2012. SHANGHAI, Oct 24- China stocks rebounded from one-month lows by midday Thursday, shrugging off downbeat property data as investors snapped up some companies with robust earnings. Hong Kong shares slipped for a second straight day, weighed down by falls in property shares, while gains on the mainland market...
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.
Asian stocks closed higher on Wednesday, with investors shifting their focus to corporate earnings in the region and the Federal Reserve's policy announcement later in the day.
Asian shares rose on Tuesday as recent selling drew bargain hunters ahead of more U.S. economic data and a Federal Reserve policy decision later in the week.