Market lauds realty policy easing in Hangzhou, Xi'an ecns.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecns.cn Daily Mail and Mail on Sunday newspapers.
There is no risk of China’s property sector woes spreading into a financial crisis but there is a policy-induced housing crisis and restrictions must be further eased.
Mortgage rates in China have come down to the lowest level since 2008 after lenders slashed their five-year loan prime rate (LPR) by 25 basic points earlier this month, the first cut since last June, reports Caixin. The average borrowing rate for first-time home buyers came down to 3.59% this month, while the average for…
EMEA Morning Briefing: Investors Await Fresh Cues as Earnings Continue morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
MARKET WRAPS Watch For: No major economic data expected; trading updates from Barclays, Carrefour, Air Liquide, InterContinental Hotels Group, Antofagasta, Fresenius Medical Care .