Three Chinese megacities on Monday (Sep 30) eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump. The measures are the latest in a raft of pledges out of Beijing since last

Shares of Chinese property developers rallied on Monday, fueled by easing homebuying measures, following authorities' blitz of policy stimulus last week.

HONG KONG: Shares of China property developers surged on Monday (Sep 30) after first-tier cities eased curbs on home purchases, soon after the Politburo pledged to halt declines in the housing market. Hong Kong's Hang Seng Mainland Properties Index jumped more than 10 per cent in early trading, and the mai

Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump.

Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump.