Mainland property developers have posted strong earnings for 2017, but liquidity remains a concern as Beijing keeps a tight lid on financing to cool the housing market.
Due to ample liquidity, property markets in Asian countries such as Singapore and Hong Kong have been driven relentlessly higher for years. As a result, governments have introduced property-cooling measures. On the other hand, Chinese government started easing restrictions such as lowering the down payment for second homebuyers to improve the real estate sector. Western countries also impose different policies against foreign property buying.