Press "Enter" to skip to content

Real estate developers stocks jump on banks cutting mortgage rates

Shares of Chinese real estate developers listed in the mainland and Hong Kong surged on Friday for the second straight day while most stocks in China's A-share market were still struggling boosted by news that some banks have lower mortgage rates for first-time home buyers, which is viewed by many as the very first sign of loosening restrictions on the sector.

 

The index for the real estate sector compiled by the data provider Wind climbed 2.1 per cent after 2.2 . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top