A construction site in Shanghai. Curbs introduced on the mainland cast a long shadow over major Chinese developers listed in Hong Kong. Photo: ReutersA construction site in Shanghai. Curbs introduced on the mainland cast a long shadow over major Chinese developers listed in Hong Kong. Photo: Reuters
A construction site in Shanghai. Curbs introduced on the mainland cast a long shadow over major Chinese developers listed in Hong Kong. Photo: Reuters

China residential property sector a ‘slow growth market’ now, as sales and profits decline, Beijing steps up cooling measures

  • Sales of residential property were down 2.1 per cent in the first seven months of this year
  • Very clear that limiting cash flow, controlling home prices a long-term national policy, Sunac China founder says

Topic |   China property
A construction site in Shanghai. Curbs introduced on the mainland cast a long shadow over major Chinese developers listed in Hong Kong. Photo: ReutersA construction site in Shanghai. Curbs introduced on the mainland cast a long shadow over major Chinese developers listed in Hong Kong. Photo: Reuters
A construction site in Shanghai. Curbs introduced on the mainland cast a long shadow over major Chinese developers listed in Hong Kong. Photo: Reuters
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