China is sending mixed signals on the direction it wants to steer its distressed property sector, which remains on the verge of collapse after years of a growing bubble and overall economic headwinds.
PROPERTY
China’s property market woes fuel shift to wealth investments
Property made up about 37% of the country’s personal assets last year. But a marked shift is underway that could see the property figure drop to 26% in less than a decade, while investments in…
Chinese investors are opting to invest abroad due to a downturn in China’s real estate market
A slump in the Chinese real estate market is encouraging more Chinese investors to buy property abroad, and Malaysia is on their list of potential destinations.
HSBC Boss Sees Two More Years of China Commercial Property Woes
The “massive” correction to China’s commercial real estate market may have at least another two years to run, according to HSBC Holdings Plc Chief Executive Officer Noel Quinn.Most Read from …
Outperforming China Junk Bond Investor Doubles Property Bets
A top-performing high-yield investor in China’s onshore bond market says a long-awaited turning point has arrived for the nation’s embattled property sector and it’s time to buy the dip.Most Read from …
China’s property woes deepen in August as prices, sales and investment drop
Woes in China’s property market worsened in August, with official data showing home prices, sales and investment all falling in August, as a mortgage boycott and developers’ financial strains further …
China’s property woes deepen
Woes in China’s property market worsened in August, with official data showing home prices, sales and investment all falling in August, as a mortgage boycott and developers’ financial strains further …
China’s Downturn Moderates, Though Property Woes Linger
China’s economy showed modest signs of improvement in August as stimulus measures kicked in, though renewed Covid-19 curbs and a worsening property downturn continue to damp the outlook.
China’s Property Sector Contracts Further With Prices, Sales Falling
China’s property sector contracted further in August, with falls in home prices, investment and sales, official data showed on Friday, as a mortgage boycott, widespread COVID lockdowns and a weak …
China’s economy perks up but property crisis worsens
China’s economy showed surprising resilience in August, with faster-than-expected growth in factory output and retail sales shoring up the recovery from the effects of COVID and heatwaves, but a …
China’s property crisis hasn’t gone away: it is getting worse
Our reporting shows how bad the crisis has become. The frenetic pace of house building used to be emblematic of China’s rise. Now confidence in the model has collapsed. Buyers are dropping out, …
China property shares rally on hopes of more relaxation measures
Shares of Chinese property developers rallied on Thursday on hopes that cities in the mainland will roll out more relaxation measures to boost the embattled sector.
China’s Guangzhou city allows developers cut home prices by 20% -Yicai
Guangzhou city has allowed property developers to reduce sale prices of homes by as much as 20 per cent compared with 6 per cent previously, financial news outlet Yicai reported on Thursday, in what …