{"id":117588,"date":"2020-07-05T13:47:33","date_gmt":"2020-07-05T06:47:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-coronavirus-fades-in-china-homebuyers-are-stampeding-back-in-boosting-the-outlook-for-developers-stocks\/"},"modified":"2020-07-05T16:03:58","modified_gmt":"2020-07-05T09:03:58","slug":"as-coronavirus-fades-in-china-homebuyers-are-stampeding-back-in-boosting-the-outlook-for-developers-stocks","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-coronavirus-fades-in-china-homebuyers-are-stampeding-back-in-boosting-the-outlook-for-developers-stocks\/","title":{"rendered":"As coronavirus fades in China, homebuyers are stampeding back in, boosting the outlook for developers\u2019 stocks"},"content":{"rendered":"


\nChina\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. Data from China Real Estate Information Corporation (CRIC) earlier this week showed 30 major developers tracked by Jefferies beating market expectations for home sales in June, posting on average a 18 per cent jump year-on-year\u2026
\n
\nSource : South China Morning Post
\nRead more…As coronavirus fades in China, homebuyers are stampeding back in, boosting the outlook for developers\u2019 stocks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s home sales continue to rebound, sending developers\u2019 stocks soaring on Thursday and Friday and...<\/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-117588","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-uAA","jetpack-related-posts":[{"id":116197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-flats-flop-in-their-third-weekend-sale-in-three-months-as-homebuyers-ignore-developers-discount\/","url_meta":{"origin":117588,"position":0},"title":"Evergrande\u2019s Emerald Bay flats flop in their third weekend sale in three months as homebuyers ignore developer\u2019s discount","date":"May 9, 2020","format":false,"excerpt":"\r China Evergrande\u2019s weekend sale of its Emerald Bay flats in Tuen Mun has flopped for the third time in as many months, as Hong Kong\u2019s homebuyers shunned its meagre discounts in anticipation of further price declines.The developer managed to find buyers for 34 flats, or 10 per cent of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-introduce-record-number-of-measures-to-support-developers-crumbling-under-weight-of-coronavirus\/","url_meta":{"origin":117588,"position":1},"title":"Chinese cities introduce record number of measures to support developers crumbling under weight of coronavirus","date":"March 10, 2020","format":false,"excerpt":"\r China\u2019s local authorities issued a record number of policies designed to support the property market in February, with more expected to follow in March to cushion the economic blow from the coronavirus outbreak.More than 60 Chinese cities issued at least 75 property policies, the highest on record, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-spring-into-action-after-developers-slash-prices-cutting-inventory-as-market-outlook-darkens\/","url_meta":{"origin":117588,"position":2},"title":"Homebuyers spring into action after developers slash prices, cutting inventory as market outlook darkens","date":"January 20, 2019","format":false,"excerpt":"\r Wing Tai Properties, the Hong Kong unit of Singapore developer Wing Tai Holdings, sold more than 90 per cent of its flats on offer at Tuen Mun on Sunday, with some units priced as low as HK$9,488 per square foot (US$1,210), reflecting the weakest level seen in the neighbourhood\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-local-governments-offer-lifeline-for-builders-facing-a-squeeze-in-home-sales-as-coronavirus-spreads\/","url_meta":{"origin":117588,"position":3},"title":"China\u2019s local governments offer lifeline for builders facing a squeeze in home sales as coronavirus spreads","date":"February 18, 2020","format":false,"excerpt":"\r China\u2019s local governments are racing to rescue home builders as the coronavirus outbreak threatens to squeeze sales and liquidity in an industry that has become a powerful engine of growth for the economy.The authorities in Wuxi in the eastern province of Jiangsu unveiled 17 measures on February 12 to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rare-residential-plot-in-repulse-bay-likely-to-draw-strong-bids-from-developers-as-outlook-for-luxury-housing-improves\/","url_meta":{"origin":117588,"position":4},"title":"Rare residential plot in Repulse Bay likely to draw strong bids from developers as outlook for luxury housing improves","date":"October 6, 2021","format":false,"excerpt":"\r A rare plot of residential land coming up for auction in Repulse Bay is likely to attract the interest of developers as the luxury housing market improves amid an easing of the coronavirus pandemic, according to market observers.It is one of two parcels designated for low-density residential development to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-come-out-in-droves-to-buy-property-even-as-developers-steadily-raise-prices-amid-improving-confidence\/","url_meta":{"origin":117588,"position":5},"title":"Hongkongers come out in droves to buy property even as developers steadily raise prices amid improving confidence","date":"November 8, 2020","format":false,"excerpt":"\r Hong Kong homebuyers snapped up dozens of new flats on Sunday, in a bumper weekend of home sales amid easing fears over a fourth wave of the coronavirus outbreak and resilient demand from first-time homebuyers.Hong Kong Ferry Holdings and Empire Group had sold 85, or nearly 70 per cent,\u2026","rel":"","context":"In "Property 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