CNBC’s Eunice Yoon reports why one of China’s largest real estate developer is in financial trouble. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
PROPERTY
JPMorgan PB ‘Very Cautious’ of China’s Property Sector, Wang Says
Julia Wang, executive director and global market strategist at JPMorgan Private Bank, discusses the state of indebted developer China Evergrande Group and its implications for the country’s financial …
China Goes Cold Turkey on Property
If exports stumble or consumption doesn’t pick up again promptly, Beijing may be forced to relent on its property curbs sooner than it would like.
China’s Property Curbs Send Economic Tremors
Beijing’s pressure on the real-estate sector is being widely felt, raising questions about how much economic pain China’s leaders are willing to stomach as they rein in yet another industry.
Evergrande’s debt woes pose risks to China’s property sector – Goldman
Evergrande Group’s (3333.HK) debt crisis could pose spillover risks to the broader Chinese property sector, Goldman Sachs said in a note on Wednesday.
The Delta Covid variant is hitting China’s economy hard, and a property crunch is looming
China’s dramatic steps to contain the coronavirus this summer have taken a toll on consumer confidence in the country and are fueling concerns about the strength of the world’s second largest economy.
China’s cooling measures curb new home price growth, property investment
China’s new home prices increased at their slowest pace in several months as authorities stepped up efforts to rein in a red-hot property market, while cooling measures were expected to limit home …
China’s embattled Evergrande tries to pay bills with parking spots
Angry investors returned to Evergrande’s Shenzhen headquarters to demand their money back, and were met with a heavy police presence – Copyright AFP Noel CelisBeiyi SEOWProtesters gathered for a third …
China Property Slowdown Deepens as Evergrande Hurts Confidence
China’s residential property slowdown deepened last month, signaling that regulatory tightening and an escalating crisis at the country’s most indebted developer are hurting buyer sentiment. Home …
Shares in cash-strapped China property giant plunge
Shares in the highly-indebted Chinese property giant Evergrande have plunged after it outlined the extent of its financial problems.The firm said it is struggling to sell assets fast enough to service …
China Evergrande expects property sales fall, liquidity deterioration China Evergrande expects property sales fall, liquidity deterioration
China’s leading developer China Evergrande said it expects a “significant continuing decline in contract sales” in September in an exchange filing on the progress of recent measures to ease liquidity …
Evergrande: Shares in cash-strapped China property giant plunge
Shares in the highly-indebted Chinese property giant Evergrande have plunged after it outlined the extent of its financial problems. The firm said it is struggling to sell assets fast enough to …
China’s property market runs out of steam as millions demand their money back
Ratings agencies predict a default by Evergrande while banks and creditors are on the hook for billions, sparking fears of a ‘Lehman moment’ …