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KE Holdings Inc. (KE; Chinese: 贝壳控股有限公司; pinyin: Bèiké Kònggǔ Yǒuxiàn Gōngsī) is a publicly listed Chinese real estate holding company that engages in the provision of an integrated online and offline platform for housing transactions and services through its subsidiaries. It is the largest online real estate transaction ...
Lianjia (Chinese: 链家), formerly called Homelink, is a Chinese real-estate brokerage company founded in 2001. As of 2019, it had approximately 6,000 brokerage offices and more than 120,000 brokers. [2] [unreliable source?] By the end of 2015, Lianjia had handled 700 billion yuan worth of real-estate transactions in total.
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The same day, official figures showed real estate output in China was down 1.6% in the third quarter year on year, the first time it has been negative since the start of the pandemic. [ 43 ] On 20 October 2021, the National Bureau of Statistics of China published data indicating that home prices had fallen month-on-month for the first time ...
HSBC warned Monday that China’s property market has “potential for a further deterioration” as it reported profits that fell short of expectations, partly because of a $500 million charge to ...
Suning Real Estate Co., Ltd. (Chinese: 苏宁置业集团有限公司) is a Chinese real estate company. It was privately held by the founder of Suning.com , Zhang Jindong , for 65% stake. Suning Plaza, Zhenjiang and Nanjing Olympic Suning Tower were under construction by the company.
In 2022, real estate trust defaults totalled 93 billion yuan ($13.1 billion), up slightly from 91.7 billion yuan ($12.9 billion) in 2021, according to Chinese data provider Use Trust.
One of the key reasons for the Chinese mortgage boycott is a result of the previous high demand for housing. The rise of the middle-class in China since the early 2000s precipitated a substantial investment in property, with many channelling savings into real estate as given the widely-held perception of Chinese property as one of the most stable forms of investment, with house prices ...
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