Part of China’s Guangdong province in the Pearl River estuary, known as the Greater Bay Area (GBA), in effect combines 11 cities, from Macao all the way around to Guangzhou, Shenzhen and Hong Kong.

China will not release early 2025 figures for housing sales and starts until March 17, but analysts at Nomura said in a ...

The southern economic hub of Guangzhou recently joined the list, making it the first of China’s biggest, tier-one cities—which also include Beijing, Shanghai and Shenzhen—to do so.