Both Japan and China have kept interest rates relatively low, despite US rate increases, weakening their currencies, although Japan is favoured over China by investors.
PROPERTY
China developers’ liquidity remains tight; property sales value continue to weaken
Property developers in China are anticipated to prioritise liquidity preservation above expansion, given the current challenging market situation, according to Moody’s Investors Service. Daniel Zhou, …
October Podcasts: Green metals panic, China property crash, killing inflation and the great energy heist
Below is a summary of the topics we covered on Nucleus Investment Insights this month. See the links for more information. Crash of the Century: The End of Chinese Property Markets have greeted the …
Brookfield gets ready for Shanghai rental project as China’s property distress creates opportunities to pick up discounted assets
Canadian asset manager Brookfield is preparing to launch its Shanghai rental project after picking up assets on the cheap amid China’s property market distress Firm said to have picked up three towers …
China Evergrande says its interests in land in Hong Kong sold for $637 million
China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 million. …
Iron-Ore Prices Buckle as China Property-Market Slump Drags On
Iron-ore prices have slumped to a three-year low as China’s sharp homebuilding slowdown and zero-Covid strategy sap demand for the steelmaking commodity.
China’s Property Crisis Worsens with Covid Zero Policy
Charting, Price Performance, News & Related Contracts.
China’s Last Offshore Property Bond Havens Are Rapidly Crumbling
China’s property debt crisis is entering a new phase as even partially state-backed developers and private-sector giants that had long been considered safer rapidly tumble into distress.
China property slump persists in October with falling prices, sales as COVID bites
China’s property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID curbs, which hit …
China’s property crash sends billionaire founders heading to exits
Longfor Group Holdings Ltd.’s Wu Yajun resigned on Friday as executive director and chair, shortly after Soho China Ltd.’s Pan Shiyi quit in September …
Record Plunge In China Property Giant’s Stock After Chair Quits
The share price of Chinese property giant Longfor Group Holdings Ltd tumbled by a record amount on Monday, after its long-serving chair abruptly resigned during a brewing crisis in the country’s real …
China Property Billionaire Wu Resigns as Longfor Chair During Sector Crisis
Chinese developer Longfor Group Holdings Ltd. plummeted the most on record after billionaire Chairman Wu Yajun stepped down, underscoring investor concern about the country’s deepening property crisis …
China’s Oct Factory Activity Unexpectedly Skids Amid Slowing Demand
China’s factory activity unexpectedly fell in October, an official survey showed on Monday, weighed by softening global demand and strict COVID-19 restrictions, which hit production. The official …
