China property stocks rally after major cities ease homebuying restrictions

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

News Notícia

Brasil Últimas Notícias,Brasil Manchetes

Shares of Chinese property developers rallied on Monday, fueled by easing homebuying measures, following authorities’ blitz of policy stimulus last week.

The Guangzhou city government said in a notice on Sunday that all restrictions on home purchases would be removed, effective from Monday.

Shares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank's blitz of policy stimulus.said in a notice on Sunday that all restrictions on home purchases would be removed, effective from Monday.

The view is shared by Gary Ng, APAC economist at Natixis, who suggests the effect more limited in smaller cities"given the elevated inventory level." They are more likely to lead to some"stabilization" rather than a turnaround, Ng said.last week. Authorities"must work to halt the real estate market decline and spur a stable recovery," according to a readout of the high-level meeting, chaired by Chinese President Xi Jinping.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 288. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Asian stocks dip after US presidential debate; Chinese shares at 7-mth lowAsian stocks dip after US presidential debate; Chinese shares at 7-mth low
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Stock market today: Asian shares extend gains after China-driven rallyNEW YORK (AP) — Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.
Fonte: Mynorthwest - 🏆 438. / 53 Consulte Mais informação »

Stock market today: Asian shares extend gains after China-driven rallyShares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Stock market today: Asian shares extend gains after China-driven rallyShares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »