Shares of China Evergrande Group jump more than 8per cent on Tuesday in morning trade, after the embattled property developer said it had made initial progress in resuming construction work.Company …
PROPERTY
Property demand in China stable despite turbulence: Fang Fenglei
Uncertainty in the Chinese property market has sent prices falling, but Fang Fenglei, popularly known as China’s “first investment banker,” believes the market is turning a corner and starting to …
China’s Communist Party owns ‘intellectual property’ of Hong Kong democracy as its drafter and defender, think tank leader says
The Communist Party and Chinese people are the drafters and defenders of Hong Kong’s emerging brand of democracy and own this “intellectual property”, mainland experts on city affairs have said while …
China says to promote healthy development of property market
China’s central bank has vowed to promote healthy development of the country’s real estate market, saying it will safeguard the legal rights of home buyers and better satisfy their reasonable living …
China’s slumping property sector helped by local governments
China’s property sector, a pillar for economic growth, has been crippled by the central government’s deleveraging campaign, with major developers such as Evergrande mired in debt. Now, as policymakers …
It’s not just Evergrande. Smaller Chinese real estate developers are also wobbling as the cash crunch spreads.
Evergrande’s default has portended high-profile problems at other publicly listed Chinese property developers.
China’s property developers have more than just big bond payments coming up
China’s struggling real estate developers face a growing number of repayment deadlines in the next few months.
China’s property developers have more than big bond payments coming up
China’s struggling real estate developers face a growing number of repayment deadlines in the next few months.
China Property Bets Roiled by Deleted Post on ‘All Out’ Support
For investors accustomed to carefully calibrated official messaging on the Chinese property market, the statement from Heilongjiang’s government was remarkable: It called for “all-out efforts” to …
China developers flag risks after sharp share price rebound
Recent sharp increases in China property stocks have prompted some developers, including Tahoe Group and Sichuan Languang Development Co, to flag investment risks, citing poor fundamentals.
Hong Kong Billionaire Joins Winning $2.6 Billion Land Bid In One-Time China Covid Epicenter Wuhan
It’s against that economic backdrop that Shui On Land, led by Hong Kong billionaire Vincent Lo, on Tuesday announced plans for new investment in Wuhan. The real estate developer has won a 17 billion …
Stabilization of China’s property downcycle is investors’ chief concern, says economist
Zhiwei Zhang of Pinpoint Asset Management says China’s policies to intervene in the property sector have been supportive, but it remains to be seen whether they will be effective enough to stabilize …
China, HK stocks rise on property rebound; livestreaming platforms drop
China and Hong Kong equities rose on Tuesday, as real estate stocks extended their rebound amid growing signs of marginal policy easing by Beijing to prevent a hard landing of the sector. SHANGHAI, …