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29.03.26 - 08:06
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Rising second-hand home sales offer tentative signs of a floor in China′s property slump (SCMP)
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Transactions of pre-owned homes in major Chinese cities led by Shanghai surged in March, fuelling expectations that the country's embattled property sector may be stabilising.
Analysts and brokers said a more active resale market pointed to a gradual return of confidence among homebuyers after a three-year downturn.
In Shanghai, about 22,000 second-hand homes changed hands between March 1 and 23, up 170 per cent from the same period a month earlier, according to data from local financial outlet......
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28.03.26 - 05:06
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As China′s property downturn grinds on, foreign suppliers strive to adapt (SCMP)
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As China's property downturn drags on, foreign companies in downstream industries are revamping their business models to cope with a decline in new construction projects, but the country's stable policy environment is helping to ease the transition, according to an executive at a leading US supplier.
Lift giant Otis is looking for new growth momentum in China's government-led urban renewal drive, which includes a push to install or upgrade lift systems in ageing apartment buildings, said Judy......
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