Citi Says 'Good Time' to Accumulate Chinese Property Stocks

The Edge Markets00:33 ET

Powerlong Real Estate Appoints New Financial Advisor for Liquidity Solution

TipRanksApr 23 05:39 ET

POWERLONG (01238) has appointed a new exclusive financial advisor to facilitate further communication between the company and its creditors.

POWERLONG (01238) announced that the company has appointed China International Capital Corporation Hong Kong Securities Limited as the new exclusive financial...

Zhitong FinanceApr 23 05:27 ET

Zhongzhizhi Research Institute: In the first quarter of 2025, the average rent for residences in 50 cities has decreased by a cumulative 0.44%.

The Finger Research Institute published an article stating that in the first quarter of 2025, the average rent for Residences in key cities will see a slight cumulative decline.

Zhitong FinanceApr 22 20:10 ET

The Central Finger Research Institute: In March, the average price of second-hand Residences in 100 cities decreased by 0.59% month-on-month, and the cumulative decline in the first quarter narrowed on a month-on-month basis.

In March, the second-hand housing market in key cities remained highly active, with the average price of second-hand Residences in 100 cities dropping by 0.59% month-on-month.

Zhitong FinanceApr 21 04:18 ET

In April, the LPR remained unchanged. Industry insiders expect that the policy interest rate cuts in the second quarter will lead to a reduction in the LRR, and there is room for a decrease in mortgage rates within the year.

① Considering the changes in the external economic and trade environment, as well as the trends in the domestic Real Estate market and prices, industry insiders believe that the timing for "selective reductions in reserve requirements and interest rates" in the second quarter has matured, with the possibility of it occurring as early as April. ② The industry determines that the current interest rate cut may reach 30 basis points, similar to the total reduction for the previous year. This indicates that the next substantial policy-driven interest rate cuts will lead to a decrease in the LPR Quote, which in turn will guide the reduction of loan interest rates for businesses and households.

cls.cnApr 20 21:50 ET