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Article content Global investors had dumped shares in Chinese companies after Beijing published rules over the weekend that ban for-profit tutoring in core school subjects. China has also launched an anti-monopoly campaign against tech giants. On Wednesday night, the China Securities Regulatory Commission (CSRC) held a meeting with executives of top global investment banks in a bid to calm financial markets nerves, people familiar with the matter told Reuters. In what appears to be a coordinated effort, state media including Xinhua, the China Securities Journal and the China Daily all publish...

Property market to stay upbeat this year By WANG YING in Shanghai | CHINA DAILY | Updated: 2021-05-03 08:19 Share CLOSE Visitors check building models at a real estate developer's sales center in Fuyang, Anhui province, on April 10. WANG BIAO/ASIANEWS Expected high economic growth, urbanization, first-time buyers, lifestyle aspirations will offset effect of tighter rules Even after the May Day holiday, China's residential property market will remain upbeat as demand is expected to be firm during the rest of the year in spite of the ti...

Prospective homebuyers gather to look at residential project models during a building opening ceremony at a shopping mall in Shanghai on March 28, 2020. - China Daily BEIJING (China Daily/ANN): Even after the May Day holiday, China's residential property market will remain upbeat as demand is expected to be firm during the rest of the year in spite of the tightening of home-buying rules, industry insiders said. This could, however, still pose risks to those who may have entered the market purely for investment or speculative purposes, they said. In late April, Tang Hua, senior director and he...

Expected high economic growth, urbanization, first-time buyers, lifestyle aspirations will offset effect of tighter rules Even after the May Day holiday, China's residential property market will remain upbeat as demand is expected to be firm during the rest of the year in spite of the tightening of home-buying rules, industry insiders said. This could, however, still pose risks to those who may have entered the market purely for investment or speculative purposes, they said. In late April, Tang Hua, senior director and head of China residential sales with Savills China, said she expects to se...

Article content BEIJING — China’s new home prices grew in November at their slowest monthly pace since March, official data showed on Monday, as policymakers wary of financial risk in the highly leveraged sector continued to pursue market-cooling measures. The data comes ahead of a slew of economic figures due for release on Tuesday, from which market watchers hope to determine the strength of recovery of the world’s second-largest economy as the coronavirus-blighted year nears an end. We apologize, but this video has failed to load. Try refreshing your browser, or China's new home pri...