30 Jul 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
China’s 12 joint stock banks have cut interest rates on deposits.
ICYMI: China’s big six state-owned commercial banks cut their deposit rates on Thursday.
The joint stock banks – which have national charters but are significantly smaller than the big six – lowered their rates on Friday and Monday.
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September 18, 2024
Urban renewal projects are hitting roadblocks due to ongoing financial distress among property developers. ICYDK: Urban renewal involves reconstructing old, shabby residential developments into high-rise apartment buildings with improved amenities. Households forced to relocate during urban renewal are compensated with… Read More »
September 18, 2024
Despite China’s dismal August macro print, the property sector struck a somewhat positive note last month. According to the stats bureau’s (NBS) monthly data for the sector, published Saturday: New investment in the sector contracted 10.2% y/y in August –… Read More »
September 18, 2024
In a continued sign of weak demand, property prices slumped at a faster pace in August. According to the stats bureau’s (NBS) monthly survey of home prices in 70 major cities, published Saturday: In August, average new home prices fell… Read More »