One of China's biggest cities plans to buy up unsold apartments and turn them into public housing, part of a broader effort to resolve a longstanding property crisis that has weighed on consumption ...

SHENZHEN, China (Reuters) - A housing boom in China's wannabe "Silicon Valley" of Shenzhen risks undermining the city's tech boom as young professionals consider moving out to avoid the highest ...

SHANGHAI, July 26 (Reuters) - The ratio of bad housing loans in the southern Chinese boomtown of Shenzhen rose during the first half of this year, but there is no risk of a systemic crisis, the local ...

HONG KONG (Reuters) -Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the ...