China to Cut Existing Mortgage Rates by End of October to Boost Property Market
China’s central bank, the People’s Bank of China (PBOC), announced on Sunday that it would instruct commercial banks to lower mortgage rates on existing home loans...
Etiket: PBOC
Chinese Yuan Reaches 16-Month High Against US Dollar Amid PBOC Stimulus Measures
China’s yuan surged to its highest level in over 16 months on Wednesday, boosted by a series of stimulus measures introduced by the People’s Bank of...
Property stocks in Hong Kong surged on Tuesday following significant announcements by Chinese financial regulators regarding measures aimed at easing the financial strain on households and...