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Several cities in China slash down payments & mortgage rates to boost property demand, ET RealEstate

The down payment for first-time homebuyers in Hefei city and Wuhan city have been lowered from 20% to 15% - the lowest ratio allowed that the central bank announced last week, Shanghai Securities News reported on Wednesday.

Jeff zhangRicky tsangRepresentative imageShanghai securities news

Several Chinese cities slash down payments, mortgage rates to boost property demand

Several cities across China have lowered down payment and mortgage loan interest rates, in response to the latest wave of stimulus measures to boost lackluster property demand, state media. -May 22, 2024 at 07:20 am EDT - MarketScreener

Chizu nomiyamaZiyi tangJeff zhangRicky tsangShanghai securities newsRyan woo

Several Chinese Cities Slash Down Payments, Mortgage Rates to Boost Property Demand

Several Chinese Cities Slash Down Payments, Mortgage Rates to Boost Property Demand
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Chizu nomiyamaRicky tsangJeff zhangZiyi tangShanghai securities newsRyan woo

Recipients of B C Medal of Good Citizenship honoured in emotional Vancouver ceremony

Six volunteers and advocates were recognized with Medals of Good Citizenship in Vancouver on Thursday, during an emotional ceremony where the province recognized their efforts to make communities better.

British columbiaMount pleasantNew brunswickJoyce bueckertTalia lorinczTim cormodeRicky tsangMohammad aminul islamAndrew tomVivian edwardsVishad deeplaulCraig evansJim sawadaRhoda taylorJoan phillipJordan sturdy

China property: once-mighty developers strain for lifelines of state support after end of sector s golden age

State-owned companies will dominate as the age of ‘fast leverage and fast growth’ is over, and developers face brutal years ahead, analysts said.

Wang taoYang huiyanZhang shunchengYang guoqiangRaymond chengRicky tsangLyu liangSunac china holdingsReal estate groupChina index academySino ocean groupChina evergrande groupFitch ratingsChina real estate information corporationInvestment bankGoldman sachs

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