Few are standing tall in the troubled world of Chinese real estate. China Vanke , the second-largest developer by sales, reckons parts of the housing market are recovering . But weaker rivals are …
PROPERTY
Fewer billionaires in mainland China as ultra-wealthy feel pain of Beijing’s tech, property crackdowns, study says
The ranks of the ultra-wealthy in mainland China slipped slightly last year as wealth creation was subdued by Beijing’s crackdowns on the technology and property sectors, according to a study by New …
China Vanke says property market has bottomed
Yu Liang, chairman of China’s No.2 developer, cautioned the recovery will be slow and mild, but his comments helped drive the mainland’s CSI Real Esta..
China’s Property Market Has Bottomed Out, Top Developer Says
China’s real estate market has bottomed out and will recover slowly due to supportive measures from local governments, chairman of the country’s second-largest developer by sales said Tuesday.
Chinese Property Titan Says Housing Market Has Reached Bottom
The worst of China’s record housing slump is finally over, according to the country’s second-largest developer. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next …
China developer Vanke says property market has bottomed
Major homebuilder China Vanke Co 000002.SZ said the property market has bottomed in the short term, with a clear month-on-month rise in sales in Jun …
Junk bond investors stung by China look to India and Southeast Asia
Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten …
China’s Non-State Property Firms Get Cash-Hungry Ahead of Repayment Peak
China’s non-state-owned real estate companies are resorting to desperate measures such as expensive loans and asset unloading to stay afloat ahead of the imminent high season of debt expiry. The …
China property managers escape sector blues
Despite China’s property sector being engulfed in a crisis, a portion of the industry is thriving, leading to some optimism about improving liquidity for the rest of the market. “Property development …
Free pig with your house: Baffling promotion to get through China’s real estate slump
China’s property market is in a deep slump, hit by a slowing economy, strict COVID restrictions, and a debt crisis that is spreading among. Property sales fell 31.5 per …
China property: CoGard downgraded, Shimao defaults
On Wednesday, the rating agency also revised its outlook on CoGard to negative. A consistent fall in cash flows and capital markets access triggered the rating decision. On Thursday, CreditSights …
Chinese property developers encourage buyers to pay down payment with wheat and garlic
Chinese property companies in third- and fourth-tier cities have launched various promotional campaigns in recent days, including encouraging buyers to pay part of their down payment with wheat and …
China’s housing love affair hangs by a thread
Beijing is looking to spend its way out of a post-pandemic economic downturn but for the first time in decades the country’s obsession with housing is showing signs of waning.
