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China's Hainan Province Eases Mortgage Rules To Revive Home Sales: 'Housing Bottom Not In Sight,' Analyst Says - Vimarsana News

China's Hainan Province Eases Mortgage Rules To Revive Home Sales: 'Housing Bottom Not In Sight,' Analyst Says

China’s southern province of Hainan has announced a reduction in the down-payment ratio for first-time homebuyers. This policy adjustmen...

China's Hainan Province Eases Mortgage Rules To Revive Home Sales: 'Housing Bottom Not In Sight,' Analyst Says - iShares MSCI Hong Kong Index Fund (ARCA:EWH) - Vimarsana News

China's Hainan Province Eases Mortgage Rules To Revive Home Sales: 'Housing Bottom Not In Sight,' Analyst Says - iShares MSCI Hong Kong Index Fund (ARCA:EWH)

China's Hainan province reduces down payment for first-time homebuyers to 20%, aiming to stabilize slumping housing market. Goldman Sachs predicts prolonged downturn.