CIFI Holdings Group Co., KWG Group Holdings Ltd. and Agile Group Holdings Ltd. were the top gainers in Hong Kong, up more than 10% each.
PROPERTY
China property woes trigger decline in global cement output
The biggest fall in Chinese cement production in at least two decades has dragged global output of the construction material into decline, demonstrating how a crisis in the country’s vast property …
China property woes cause decline in global cement output
China’s property crisis, which began with missed bond payments at real estate developer Evergrande a year ago and has since spread across the heavily-indebted sector, is weighing heavily on economic …
China moves to revive housing sector
Chinese local governments may relax the floor on mortgage rates for first-time home buyers in some cities in phases, the central bank said on Thursday, in a bid to prop up property prices and revive…
‘She got an abortion, broke up with me’: The human suffering behind China’s property crisis
Millions of Chinese are in limbo as cash-strapped developers halt construction. Some of them may have already been touched by tragedy. The programme Insight uncovers their stories.
Longview Global’s Dewardric McNeal breaks down China’s real estate woes
Dewardic McNeal, Longview Global managing director, joins ‘The Exchange’ to discuss China’s real estate market and the problems its seeing now.
China Tells Banks to Provide $85 Billion in Property Funding
China’s financial regulators told the nation’s biggest state-owned banks to extend at least 600 billion yuan ($85 billion) of net financing to the embattled property sector in the final four months of …
Legendary short-seller Jim Chanos says investors are overlooking a major risk – China’s real-estate crisis. “We ignore it at our own peril.”
Investors focused on war in Ukraine and interest rate hikes are missing a big story — the risks in China’s real-estate crisis, Jim Chanos told CNBC.
China Vows to Speed Up Delayed Homes With Special Loans
China’s central bank vowed to expand a special lending program if it’s needed to ensure the delivery of delayed housing projects, and called on banks to provide financing support for this effort.
China property shares, bonds slump as CIFI default report adds to sector woes
Investors dumped shares and bonds of Chinese property developers on Wednesday, after a media report that CIFI Holdings (Group) Co had defaulted added to worries over the crisis-stricken real estate …
Deflation Risks Loom in China Amid Property Crisis, Survey Shows
China faces increasing risks from deflation as demand crumbles under the weight of an ongoing property crisis and is threatened by continued Covid restrictions — a stark contrast with other major …
China home sales and property investment plunge in year-over-year August data
Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quo …
China Traders See Property Boost, Covid Zero Resolve at Congress
Bruised from a tumultuous year, China stock investors are looking to capitalize on any potential policy shifts at the twice-a-decade Communist Party congress next month.
