It said 132 people dropped off the list, 42 new billionaires were minted and three moved away. The total wealth of these billionaires decreased by 20 per cent to about US$1.4 trillion. “Many of the…
PROPERTY
In Response to Property Crisis, China Studies Fundamental Overhaul
In China’s sluggish property market, the latest sales pitch isn’t marble countertops, but residency papers. In a bid to support the real-estate market, more than a dozen Chinese cities have rolled out …
China new home price rises accelerate in November, survey finds
BEIJING(Reuters) -Prices of new homes in China rose at a faster pace in November, a private survey showed on Sunday, as a string of policies may be lending support to the ailing property market. The…
China property market faces long recovery road despite restructuring progress
Sino Ocean and Shimao debt plans inch ahead in ‘positive signal’, but true recovery is still far off given structural issues, analysts say.
China Home Sales Drop Again as Sustained Stimulus Effect Missing
China’s residential market sales fell again in November, suggesting the property sector still has some ways to go before it can show a sustained recovery.
China’s Property Slump May Extend Into 2025, Fitch Says
China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings.
Liquidators of China Evergrande file winding-up petition against co’s unit
Liquidators of property developer China Evergrande on Thursday presented a winding-up petition against unit Tianji Holding, a guarantor for certain offshore senior notes issued by Scenery Journey …
China’s Property Slump May Extend Into 2025, Fitch Ratings Says
China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings.
China’s Steelmakers Narrow Losses But Conditions Still Bleak
Chinese steelmakers narrowed losses in October, after the government’s efforts to stimulate the economy encouraged more production and helped raise prices.
In careful protest, China Evergrande’s investors press for action
SHENZHEN: Hundreds of Chinese investors who lost savings in the collapse of China Evergrande launched a coordinated campaign this month to press authorities for an update on the failed prop …
China ex-bank chief gets suspended death sentence for graft
The former head of a top Chinese bank was handed a suspended death sentence for corruption on Tuesday, state media reported, the latest development in President Xi Jinping’s decade-long anti-graft …
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in 9-flat fire sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has …
Inside China’s Property Collapse (Evergrande Disaster)
Explore the shocking details behind China’s property collapse and the Evergrande disaster. 
Uncover how one of the world’s largest real estate crises unfolded, impacting millions and sending …
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