China’s Policy Combo Gives Investors Hope for a Market Rally - Bloomberg
China’s Policy Combo Gives Investors Hope for a Market Rally
- PBOC adds most cash on record with one-year policy loans
- Beijing and Shanghai move to cut down-payment for homes
https://www.bloomberg.com/news/articles/2023-12-21/shanghai-beijing-home-sales-surge-after-policy-easing?cmpid=BBD122123_CAS&utm_medium=email&utm_source=newsletter&utm_term=231221&utm_campaign=closeasia&sref=9uMZFPba
Shanghai, Beijing Home Sales Surge After Policy Easing
- The two mega cities cut downpayments, eased mortgages
- New home sales in 30 major cities rose by 6% last week: HSBC