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Tianjin Port to raise HK$2.4b
Tianjin Port Development Holdings Ltd said yesterday it will raise a net HK$2.4 billion placing 986.5 million shares at HK$2.50 each.
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Aquilaria Art Museum opens in Tianjin
China's first Aquilaria Art museum has opened in Tianjin's Five Main Street Area.
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Zong Guoying elected head of Binhai New Area
Zong Guoying was elected head of Tianjin's Binhai New Area at the first session of the first People's Congress of Binhai.
 
China's housing market recovers
2009-07-07

The Chinese housing market has rebounded to what it was two years ago, the Xinhuanet.com reported today, citing latest data.

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China's housing market recovers Surge in housing sales elicits mixed reactions

According to the China Index Research Institute, the housing markets in major cities of the country has witnessed a strong rebound of demand over the past six months, with more active transactions.

Beijing, Tianjin, Chongqing, Wuhan and Hanghzou showed a 100-percent year-on-year jump in the rate of transactions. In Shenzhen, the figure exceeds 150 percent, according to the data.

It is believed that falling housing costs last year and added financial support to personal loans are two reasons for the boost in the market.

 
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