News Formal

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 Nouvelles

France Dernières Nouvelles,France Actualités

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.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 288. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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
La source: Investingcom - 🏆 450. / 53 Lire la suite »

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.
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »

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.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

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.
La source: ksatnews - 🏆 442. / 53 Lire la suite »