Insights
Tag: china property
How will China's stock market crash affect Hong Kong property?
On June 12 2015, China’s stock market underwent a crash that led to the Shanghai Stock Exchange plummeting more than 30% in value in the June-July period. The crash was reportedly due to a result of a huge influx of individual, amateur investors suddenly flooding the market in conjunction with the diminishing strength of China’s eco
Professional qualification for property agents is cancelled in China
To simplify the excessive number of vocational qualifications, the State Council of China decided to cancel types of professional qualifications for 11 industries. The professional qualification for real estate agents has been placed at the top of the to-be-cancelled list.Market insiders said that the new regulation will reduce
Mainland property agencies cut spending on SouFun
19 property agencies in Shanghai have come together and removed their listings from leading real estate portal SouFun.com due to continuously rising advertising rates and a conflict of interest that has emerged.The agency alliance said that SouFun raised its listing prices 10 times in the past five years. Agencies are becoming mor
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