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22.06.26 - 01:06
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Buyers hunt bargains amid signs that China′s home prices are bottoming out (SCMP)
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Expectations have heightened in major Chinese cities like Shanghai that home prices are bottoming out following a six-year property slump, as would-be buyers actively hunt bargains amid the recent policy easing.
Brisk transactions are also shoring up brokers' confidence in the market where the prices of some lived-in flats have almost halved from their peak.
“Most of the buyers are not betting on a turnaround, they just feel that home prices are more attractive now as the authorities could......
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16.06.26 - 07:54
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China′s first-tier new home prices rise for third month as stabilising steps gain traction (SCMP)
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New home prices in China's first-tier cities rose 0.2 per cent in May, extending a three-month rebound after nine months of losses and a flat February, pointing to a gradual recovery in confidence as stabilisation measures take hold, analysts have said.
Compared with the previous month, May home prices edged up 0.2 per cent in Shanghai and Guangzhou, gained 0.4 per cent in Shenzhen, and slipped 0.2 per cent in Beijing, according to data from the National Bureau of Statistics (NBS) released on......
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15.06.26 - 13:54
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Johan Falk new Chairman of the Board of Directors for Uniwater (Cision)
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Uniwater has appointed Johan Falk, CEO of Asker Health Care Group, as new Chairman of the Board. The addition strengthens Uniwater's Board of Directors with international experience and contributes to the Group's continued development as a leading group of water infrastructure specialists.
The new Chairman of the Board Johan Falk will start his new assignment in connection with Uniwater's Annual General Meeting. He succeeds Per Sjöstrand, who has served as Chairman since 2021 and will continue to contribute as a member of the board.
– Uniwater has a strong position as a growing platform...
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14.06.26 - 14:42
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Li Ka-shing′s CK Asset sets a 2026 record with US$46.2 million Mid-Levels penthouse sale (SCMP)
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Hong Kong billionaire Li Ka-shing's flagship property developer CK Asset Holdings has sold a penthouse mansion at a luxury development in Mid-Levels in Central for HK$362 million (US$46.2 million), setting a per square foot price record for first-hand transactions this year.
The 2,911 sq ft unit on the 20th floor of the second phase of 21 Borrett Road went for HK$124,356 per square foot via public tender, according to a statement from the developer on Sunday.
The unit that was sold “boasts an......
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12.06.26 - 14:00
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As China′s economy lumbers amid property crisis, why hasn′t AI helped pick up the slack? (SCMP)
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Unlike the US, artificial intelligence (AI) may not be a panacea for China's economy amid its deep property crisis, as the technology can further widen the country's economic bifurcation, an economist said.
“AI isn't boosting China's economy as much [as it is in the US], and we also have to worry about some of the negative side effects,” said Lu Ting, chief China economist at Nomura, at a media briefing in Beijing on Thursday.
Currently, AI drives about half of the US economy, Lu said, and its......
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12.06.26 - 12:15
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CH Home: SHIMAO GROUP May Contracted Sales Down ~43% YoY (AAStocks)
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SHIMAO GROUP (00813.HK) announced that in May 2026, the Group’s contracted sales amounted to approximately RMB1.22 billion, down about 42.86% YoY, and the Group’s contracted sold area amounted to 96,846 sq.m.. The average selling price for May 2026 was RMB12,597 per sq.m.. ~AASTOCKS Financial NewsWebsite: www.aastock......
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