Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News

China Unleashes $42B Rescue to Save Crumbling Property Sector

by Team Lumida
May 17, 2024
in News, Real Estate
Reading Time: 3 mins read
A A
0
a view of a city with a lake and mountains in the background

Photo by 李大毛 没有猫 on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

3 Key Takeaways:

  • – China announced broad measures to rescue the struggling property sector
    – Central bank unleashed $42B funding for state firms to buy excess housing inventory
    – Beijing relaxed lending rules to incentivize home purchases

What Happened?

The Chinese government unveiled sweeping measures on Friday aimed at shoring up the country’s beleaguered property sector, including $42 billion in central bank funding to help state-backed firms purchase unsold housing inventory. Additionally, down payment requirements for homebuyers were reduced and mortgage rate floors were scrapped.

The moves come as home prices recorded their steepest monthly decline in over a decade in April. Developers like China Vanke face mounting debt defaults, construction projects are halted, and millions of jobs are at risk. Vice Premier He Lifeng noted “the property sector is related to the interest of the masses and the bigger issue of economic development.”

Why It Matters?

The property sector accounts for 25-30% of China’s GDP, so its unraveling poses significant risk to the broader economy. Images of empty ghost cities symbolize waning confidence in Xi Jinping’s leadership. With GDP growth already under pressure from COVID lockdowns and rising U.S. tariffs, Beijing appears to have shifted its focus toward aggressive stimulus measures to forestall a harder landing.

Success, however, is uncertain. While investors cheered the news, analysts estimate over $1 trillion is needed to address excess housing inventory fully. It also risks fueling the speculative excess Xi has railed against. The measures may ease developer cash flow strains but are unlikely to revive battered consumer confidence quickly.

What’s Next?

All eyes will focus on whether the stimulus successfully reverses the tide. If demand fails to respond, more aggressive easing is likely including sovereign bond issuances. The risk is overheating credit growth while squeezing bank profitability. Longer-term, trends point to shrinking China’s oversized property sector in favor of expanding affordable public housing – a priority for Xi, but one requiring deft handling to avoid economic and social instability.

Via: BBG
Previous Post

Xpeng Charges Into Hong Kong with New EV Models

Next Post

Roaring Kitty’s Meme Frenzy Fades as Focus Shifts

Recommended For You

Xero Acquires Melio for $2.5 Billion to Boost U.S. Revenue Growth

by Team Lumida
9 hours ago
Xero Acquires Melio for $2.5 Billion to Boost U.S. Revenue Growth

Key Takeaways: Powered by lumidawealth.com Xero, a New Zealand-based accounting software provider, is acquiring U.S. bill-pay platform Melio for an initial $2.5 billion*, marking its largest acquisition to date....

Read more

Trump’s U-Turn on China Buying Iranian Oil Sparks Confusion Amid Sanctions Policy

by Team Lumida
9 hours ago
Trump Announces 25% Tariffs on Mexico and Canada, Targeting Border Security and Trade

Key Takeaways: Powered by lumidawealth.com President Donald Trump announced on social media that China can continue purchasing oil from Iran, surprising oil traders and U.S. officials and potentially undermining...

Read more

Norwegian Deep-Sea Mining Firm Green Minerals Unveils$1.2B Bitcoin Treasury Plan, Shares Drop 20%

by Team Lumida
10 hours ago
Bitcoin Mining Stocks Outperform BTC in Early 2025, Network Strength Grows

Key Takeaways: Powered by lumidawealth.com Green Minerals (GEM), an Oslo-listed deep-sea mining firm, announced a $1.2 billion bitcoin treasury strategy*, purchasing its first 4 BTC for $420,000. The company...

Read more

Goldman Sachs Warns of Risks for Lower-Quality Stocks Amid Market Rally

by Team Lumida
10 hours ago
Goldman Sachs Urges Investors to Cut Risk: Is a Selloff Looming?

Key Takeaways: Powered by lumidawealth.com Goldman Sachs Managing Director Louis Miller cautioned that lower-quality stocks, including non-profitable tech and meme stocks, face significant downside risks despite the broader market...

Read more

FedEx Shares Mixed Outlook as Tariffs and Weak International Demand Weigh on Growth

by Team Lumida
10 hours ago
FedEx Shares Mixed Outlook as Tariffs and Weak International Demand Weigh on Growth

Key Takeaways: Powered by lumidawealth.com FedEx expects flat to 2% revenue growth in its fiscal first quarter, with earnings per share projected at $2.90 to$3.50*, below analysts’ expectations of...

Read more

Israel-Iran Conflict Revives China’s Interest in Russian Gas Pipeline Amid Energy Security Concerns

by Team Lumida
10 hours ago
Israel-Iran Conflict Revives China’s Interest in Russian Gas Pipeline Amid Energy Security Concerns

Key Takeaways: Powered by lumidawealth.com The Israel-Iran conflict has prompted China to reconsider the stalled Power of Siberia 2 gas pipeline project with Russia, seeking alternatives to Middle Eastern...

Read more

Tesla’s EU Sales Plunge 40.5% in May Amid Rising EV Market Competition

by Team Lumida
10 hours ago
blue coupe parked beside white wall

Key Takeaways: Powered by lumidawealth.com Tesla’s new-car registrations in the EU fell 40.5% in May, continuing a streak of monthly declines since December, despite a 25% growth in the...

Read more

Bitcoin Could Surge to $120K: 4 Key Factors Driving the Bullish Case

by Team Lumida
1 day ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key Takeaways: Powered by lumidawealth.com Price Resilience: Bitcoin’s ability to hold above $100K during geopolitical tensions, such as the Iran-Israel conflict, signals strong market confidence and attracts new buyers....

Read more

China Poised for Over 100 AI Breakthroughs, Ex-Official Predicts, Amid Growing U.S. Rivalry

by Team Lumida
1 day ago
China’s Bold Economic Moves: What You Need to Know Now

Key Takeaways: Powered by lumidawealth.com Former Chinese central bank official Zhu Min predicts China will achieve over 100 AI breakthroughs in the next 18 months, transforming its economy and...

Read more

Israel and Iran Agree to Ceasefire After Trump Brokers Truce to End Conflict

by Team Lumida
1 day ago
six fighter jets

Key Takeaways: Powered by lumidawealth.com U.S. President Donald Trump announced a ceasefire between Israel and Iran after escalating tensions and missile strikes from both sides. The truce was brokered...

Read more
Next Post
black samsung android smartphone on white paper

Roaring Kitty's Meme Frenzy Fades as Focus Shifts

bitcoin, cryptocurrency, crypto

Big Money Bets on Bitcoin: Hedge Funds Quietly Buy the Dip

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Sam Altman and Jony Ive Unveil Plans for AI-Powered ‘Companion’ Device

May 22, 2025
Nvidia Loses $220 Billion: What It Means for Your Investments

U.S. Chip Restrictions Target Nvidia and AMD, Escalating Battle Over China’s AI Ambitions

April 17, 2025
text

7-Eleven Owner Faces Tariff Challenges, Explores IPO and Cost Controls Amid Couche-Tard Talks

April 25, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018