China’s top 100 developers report better October home sales, other signals remain weak

Quick Summary:

Sales by the nation’s top 100 developers rose in October, the first month of year-on-year increase in 2024.

The central bank separately established credit facilities for nonbank financial institutions to invest in stocks.

Including second-hand home deals, a fundamental shift is gaining traction, he added.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets: Hong KongChina

Topics: Data China Cent Developers Stimulus Year Estate September Sales Homes Real

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 15:00:09 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 235 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23362122

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 20 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions