Bloomberg A research unit of China’s central bank branch in Shenzhen asked commercial banks in the city to strengthen risk-control practices on household mortgage loans as property prices have soared. Mortgage leverage in Shenzhen has been far higher than in other first-tier cities since 2015, and has accumulated risks, according to the statement from the Financial Society of Shenzhen Special ...

Bloomberg Buyers from China comprised about one-third of purchases of Vancouver’s hot housing market in 2015, according to “back of the envelope calculations” by National Bank of Canada. Chinese investors spent about C$12.7 billion ($9.6 billion) on real estate in the western Canadian city in 2015, or 33 percent of its C$38.5 billion in total sales, according to a note ...

Bloomberg Hainan Airlines Co., the biggest private airline in China, reported a 15.9 percent jump in full-year profit as cheaper oil prices drove down costs and passenger numbers increased. Billionaire Chen Feng’s airline reported net income of 3 billion yuan ($460.6 million) last year compared with 2.6 billion yuan in 2014, the Haikou, Hainan-based company said in a Shanghai stock ...