The Chinese government has implemented new tax incentives aimed at stimulating the ailing property market. The move comes as authorities seek to bolster demand and alleviate the financial pressures faced by property developers.
The Ministry of (...)
China's property sector witnessed a dramatic turnaround on Monday, with shares of major developers surging on the back of relaxed home purchase regulations and the government's latest stimulus package.
The move aims to boost confidence in the (...)
China's central bank, the People's Bank of China (PBC) announced on Sunday a critical step to revive fragile economy by directing banks to significantly reduce mortgage rates on existing home loans by the end of October.
Under PBC's anticipated (...)
Carbon emissions allowances at the Guangzhou Emissions Exchange, China's largest local carbon market, closed at 48.72 yuan (approximately 6.82 US dollars) per ton on Monday, marking a 4.08 per cent increase from Friday's close.
A total of 108 tons (...)
China's embattled property giant Evergrande onshore unit requested creditors to provide details about the debt owed to them before the first creditor meeting on Nov. 14, as shown in official filings.
The Guangzhou Intermediate People's Court (...)
Carbon emissions allowances closed at 44.82 yuan (about US$6.24) per tonne on Monday at the Guangzhou Emissions Exchange, marking a 7.85 per cent decrease from Friday.
The exchange, China's largest local carbon market, witnessed 1,551 tonnes of (...)
An investor in China has petitioned a court to liquidate a significant unit of the financially troubled property developer China Evergrande.
The petitioner, Vanward, a Shenzhen-listed electric appliance manufacturer, is in a dispute with (...)
Carbon emissions allowances on the Guangzhou Emissions Exchange, China's largest local carbon market, closed at 43.45 yuan (about 6.09 U.S. dollars) per ton on Wednesday, marking a 7.79 per cent increase from Tuesday.
A total of 2,570 tons of (...)
Chinese electric vehicle (EV) maker Xpeng has teamed up with German automaker Volkswagen AG to establish project houses for engineers in Guangzhou and Hefei.
These facilities aim to speed up the development of new EV architecture, allowing engineers (...)
Battery materials giant Ganfeng Lithium Group Co. announced potential plans to establish a derivatives-trading desk, signaling the industry's growing need to manage risk after a period of intense volatility and geopolitical tensions.
In a statement (...)
Guangzhou R&F Properties, a Chinese real estate developer, faced a legal challenge as its subsidiary, Trillion Glory, received a winding-up petition from Singapore-based Seatown Private Credit Master Fund.
The petition, filed in a Hong Kong court on (...)
Carbon emissions allowances closed at 47.3 yuan ($6.5) per ton on Wednesday on the Guangzhou Emissions Exchange, China's largest local carbon market, marking a 1.76 per cent decrease from Tuesday.
A total of 11,874 tons of allowances were traded on (...)
Carbon emissions allowances closed at 48.5 yuan (approximately 6.67 U.S. dollars) per ton on Monday at the Guangzhou Emissions Exchange, representing a 2.34 per cent decrease from Friday's close.
A total of 590 tons of Guangdong Emissions Allowances (...)
Carbon emissions allowances closed at 49.36 yuan (approximately 6.93 US dollar) per ton on Wednesday at the Guangzhou Emissions Exchange, China's largest local carbon market. This marked a 0.9 per cent increase from Tuesday's closing price.
A total (...)
Carbon emissions allowances closed at 48.92 yuan ($6.87) per ton on Tuesday at the Guangzhou Emissions Exchange, China's largest local carbon market, marking a slight increase of 0.04 per cent from Monday. The day's trading saw 8,051 tonnes of (...)
Carbon emissions allowances closed at 48.90 yuan (approximately 6.87 US dollars) per ton on Monday at the Guangzhou Emissions Exchange, China's largest local carbon market. This marked a decline of 0.83 per cent from Friday's closing price.
During (...)
Carbon emissions allowances closed at 50.05 yuan per ton on Thursday, equivalent to approximately 7 US dollars, marking a 2.35 per cent increase from Wednesday's figures at the Guangzhou Emissions Exchange, China's largest local carbon market.
A (...)
China's plan to convert unsold homes into affordable housing may not provide much relief to struggling developers, Reuters reported on Monday.
The programme's limited scale and potential low prices are unlikely to benefit cash-strapped developers, (...)
The Engineering Export Council of Egypt (EECE) has announced the participation of 18 Egyptian companies at the Canton Fair in Guangzhou, China. This event, running from 15 to 19 April 2024, features sectors including household appliances, electrical (...)
Carbon emissions allowances at the Guangzhou Emissions Exchange, China's largest local carbon market, closed at 62.78 yuan (approximately 8.68 US dollars) per ton on Monday, marking a 0.62 per cent decrease from Wednesday.
The day saw transactions (...)
The Guangzhou Emissions Exchange, a leading carbon market in China, posted a 0.52 per cent increase in carbon emissions allowances, closing at 63.88 yuan (around $9) per ton this Tuesday, Xinhua reported.
The trading session concluded with 144 tons (...)
Two Chinese major cities Suzhou and Shanghai eased home purchase limits to boost sales, in an attempt to enhance the nation's troubled property market, Reuters reported on Wednesday.
Shanghai now allows single non-Shanghai householders to buy homes (...)
China's property market slump is getting worse as Country Garden, the largest private property developer in China, plans to sell properties in Guangzhou, aiming to raise 3.8 billion yuan ($530 million), Reuters reported on Wednesday.
This move comes (...)
وجه القطاع السياحى بوصلته الرئيسية فى العام الجديد لعدد من الأسواق الواعدة المصدرة لحركة السياحة إلى مصر لتحقيق مستهدف الدولة بالوصول إلى 30 مليون سائح يجلبون إيرادات تتجاوز 30 مليار دولار خلال الخمس سنوات القادمة.
وتأتى أسواق جنوب شرق آسيا فى (...)
Guangzhou – Zhang Sihong, Vice President of the China Foreign Trade Center and supervisor of Canton Fair, has invited Egyptian businesspeople and companies to participate extensively and effectively in the 134th edition of the Canton Fair, which (...)
