This chart shows the year-on-year change in China’s real estate development investment (in percent).
PROPERTY
China’s central bank official highlights role of movable property financing
BEIJING — Zou Lan, deputy governor of the People’s Bank of China (PBOC), the central bank, highlighted the important role of movable property financing in an article made public on Monday.
China’s Latest Data Sound Alarm for Xi on Consumer Fragility
Five years after China began a push to rein in the nation’s debt-addicted real-estate developers, its property market has yet to find the bottom.
China Mulls Asking Firms Run by Central Government to Buy Homes
China is preparing to mobilize companies owned by the central government in Beijing to purchase unsold homes from distressed property developers, following the limited success of a previous initiative …
China’s July Activity Data Slump Shows Additional Stimulus Needed
New home prices slid by -0.31% month on month, a little steeper than the -0.27% MoM decline in June, for a fourth consecutive month of steep declines. Used home prices fell -0.55% MoM, a slightly…
China’s new home prices fall again but declines ease in major cities
China’s new home prices fell again in July, dropping 0.3% on month, but declines eased slightly in major cities as more local governments rolled out incentives for homebuyers, though further support is still needed.
How China’s property boom created and ate up world’s most indebted firm
Once China’s top developer, Evergrande’s fall highlights Beijing’s fragmented approach to a deepening real estate slump, with little relief for offshore creditors or private firms …
Bankrupt Property Developer China Evergrande to Delist From Hong Kong Exchange
The company received a letter from the regulator informing it that the Hong Kong stock exchange listing committee has decided to cancel Evergrande Group’s listing.
Evergrande Stock to Delist in China Property Crisis Milestone
China Evergrande Group said its Hong Kong stock will be delisted, marking the end of an era for the former high-flying developer whose demise came to symbolize the country’s property bust.
China Evergrande liquidators say $255 million of assets have been sold
Liquidators of China Evergrande Group, the world’s most indebted property developer, said on Tuesday they have sold about $255 million of its assets 18 months into the process and taken control of …
State-backed developer China South City gets liquidation order
China South City on Monday became the first state-backed property developer to get a liquidation order from the Hong Kong High Court since the Chinese property sector tipped into a debt …
Top cities signal easing to support property market
Experts said the nation’s four first-tier cities — Beijing, Shanghai, Guangzhou and Shenzhen — will lead the market stabilization and bottoming-out process.
China’s lithium price soars after battery giant CATL suspends production at Jianxiawo mine
China’s electric vehicle (EV) battery industry is facing a powerful shake-up. The world’s largest battery maker, CATL, has stopped production at one of its biggest lithium mines, the Jianxiawo mine, …
