China Evergrande Group’s liquidators have received non-binding offers for a property management unit they have been seeking to offload, according to people familiar with the matter.
PROPERTY
China Evergrande liquidators looking to sell stake in property services unit
Liquidators of China Evergrande Group have received approaches from parties looking to take over the developer’s stake in its property services unit.
Evergrande liquidators get initial offers for stake in $1.3 billion property services arm
The liquidators of China Evergrande Group have received non-binding indicative offers for the developer’s majority stake in its property management arm, inviting potential bidders to submit final …
Zambia court orders Standard Chartered to pay costs not compensation over China property bond sale
Zambia’s high court has ruled that Standard Chartered does not have to pay $500,000 compensation to a former client it sold a now-defaulted Chinese property bond to at the height of the Asian …
China office developers offer sweeteners, lower rents to lure tenants
By Clare Jim HONG KONG (Reuters) -Chinese commercial property developers are seeking to lure tenants with value-added services such as subsidies for charging electric vehicles in addition to lower …
“Dalifornication” grips China
F ew destinations in China are as laid-back as Dali, a south-western backpackers’ haven nicknamed Dalifornia. Frazzled types retreat to its lakeside old town for the summer. They often hang around for …
How China’s Property Collapse Is Shaping Its Economy
China’s economy is facing a storm of crises, from a collapsing property sector to espionage scandals shaking investor confidence. The challenges are reshaping how the world views China’s future. This …
China’s home prices to fall less than previously expected, but market still weak: Reuters poll
China’s new-home prices were expected to decline more slowly in 2025 than previously forecast, and slip a further 0.5% in 2026, a Reuters survey showed, as policy support tempers the downturn but …
Evergrande’s $50 billion rise and fall leaves scars on China’s property sector
“The state-owned developers will end up running the entire industry,” Brian McCarthy, managing principal at Macrolens, told CNBC.
China’s Home Sales Slump Extends as Prices Continue to Decline
China’s home sales extended their slump in August even as prices declined and the country’s two biggest cities rolled out additional stimulus measures.
China’s Evergrande had a spectacular rise. Its collapse is just as stunning.
Evergrande was the symbol of the excess of China’s property market. On Monday, its shares were delisted from Hong Kong’s stock exchange, leaving creditors in limbo.
CR Land, Sunac post better interim results as China’s property shows signs of recovery
China Resources Land’s interim profit rose 16.2 per cent to 11.9 billion yuan, while Sunac’s loss narrowed by 14.4 per cent.
Evergrande: China’s indebted, delisted property behemoth
When traders kicked off another week of action at the Hong Kong Stock Exchange, data on the shares of one previously high-soaring firm was nowhere to be seen. A committee at the Hong Kong stock…