{"id":104895,"date":"2019-03-11T13:10:55","date_gmt":"2019-03-11T06:10:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-sounds-a-clarion-call-for-a-property-tax-causing-real-estate-stocks-to-slump-even-if-the-legal-basis-for-the-tax-is-years-away\/"},"modified":"2019-03-11T17:04:58","modified_gmt":"2019-03-11T10:04:58","slug":"china-sounds-a-clarion-call-for-a-property-tax-causing-real-estate-stocks-to-slump-even-if-the-legal-basis-for-the-tax-is-years-away","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-sounds-a-clarion-call-for-a-property-tax-causing-real-estate-stocks-to-slump-even-if-the-legal-basis-for-the-tax-is-years-away\/","title":{"rendered":"China sounds a clarion call for a property tax, causing real estate stocks to slump, even if the legal basis for the tax is years away"},"content":{"rendered":"


\nA clarion call by China\u2019s legislature to implement a tax on the nation\u2019s property holdings scared investors into dumping real estate developers\u2019 shares, even if the legal foundation for enacting a nationwide levy is at least five years away.The Shanghai Property Index, which tracks 25 real estate developers on the Shanghai Composite Index, slumped 4.3 per cent on Friday in its biggest one-day percentage decline since October 11, causing at least two of the stocks to fall by their 10 per cent\u2026
\n
\nSource : South China Morning Post
\nRead more…China sounds a clarion call for a property tax, causing real estate stocks to slump, even if the legal basis for the tax is years away<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A clarion call by China\u2019s legislature to implement a tax on the nation\u2019s property holdings...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-104895","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rhR","jetpack-related-posts":[{"id":118524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-slashes-property-prices-by-30-per-cent-across-china-for-one-month-sounding-clarion-call-on-discount-war\/","url_meta":{"origin":104895,"position":0},"title":"Evergrande slashes property prices by 30 per cent across China for one month, sounding clarion call on discount war","date":"September 7, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest home seller, said it would slash 30 per cent off the price of every real estate project nationwide for a month, in an unprecedented step that could kick off a spate of competitive discounts as cash-starved developers boost sales to raise cash in a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-may-delay-its-much-feared-property-tax-amid-price-slump-in-nations-real-estate-industry\/","url_meta":{"origin":104895,"position":1},"title":"China may delay its much-feared property tax amid price slump in nation\u2019s real estate industry","date":"January 6, 2022","format":false,"excerpt":"\r China\u2019s property tax could be another casualty of the slump in the housing market, with analysts expecting the government to hold off on expanding trials of the levy because of a real estate-led economic slowdown.In October last year, China\u2019s parliament authorised the limited property tax in Shanghai and Chongqing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-coronavirus-fades-in-china-homebuyers-are-stampeding-back-in-boosting-the-outlook-for-developers-stocks\/","url_meta":{"origin":104895,"position":2},"title":"As coronavirus fades in China, homebuyers are stampeding back in, boosting the outlook for developers\u2019 stocks","date":"July 5, 2020","format":false,"excerpt":"\r China\u2019s home sales continue to rebound, sending developers\u2019 stocks soaring on Thursday and Friday and prompting analysts to urge investors to take a fresh look at the sector now that the country appears to have put the worst of the coronavirus pandemic firmly behind it.\r\rData from China Real Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110084,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-posts-second-straight-drop-in-interim-revenue-as-one-of-hong-kongs-largest-developers-falls-victim-to-real-estate-slump\/","url_meta":{"origin":104895,"position":3},"title":"Henderson posts second straight drop in interim revenue, as one of Hong Kong\u2019s largest developers falls victim to real estate slump","date":"August 21, 2019","format":false,"excerpt":"\r Henderson Land Development reported its second consecutive double-digit percentage decline in interim revenue, as one of Hong Kong\u2019s largest developers fell victim to the city\u2019s slowing property market.Turnover fell 38 per cent to HK$8.12 billion in the six months ended June, while first-half underlying profit, excluding revaluation gains on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-investors-face-hard-decision-in-choosing-between-stocks-and-physical-property-this-year\/","url_meta":{"origin":104895,"position":4},"title":"Hong Kong property investors face hard decision in choosing between stocks and physical property this year","date":"January 24, 2018","format":false,"excerpt":"\r Investors looking to the real estate market this year can opt for physical property or the shares of de\u00advelopers, each with their own potential benefits and risks, according to analysts. One school of thought suggests the Hong Kong-listed shares of major property developers should outpace price gains in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-stocks-extend-drop-as-byd-meituan-pace-losses-amid-competition\/","url_meta":{"origin":104895,"position":5},"title":"Hong Kong stocks extend drop as BYD, Meituan pace losses amid competition","date":"May 27, 2025","format":false,"excerpt":"\r Hong Kong stocks erased gains amid concerns that escalating competition among China\u2019s leading carmakers and e-commerce operators will hurt margins and prompt investors to retreat. The Hang Seng Index fell 0.5 per cent to 23,171.51 at 11.30am local time on Tuesday, reversing an earlier gain of as much as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104895"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=104895"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}