The economy is weighed down by COVID-19 restrictions and property sector slump Shanghai: China’s economy faces its worst downward pressure since the spring of 2020 when it was hit by the first wave of …
PROPERTY
‘Red flags’ as some China property developers say they can’t release earnings on time
Investor confidence was boosted in mid-March when China signaled support for Chinese stocks, and indicated that authorities would work toward stability in its struggling real estate sector.
Why Investing in China Keeps Getting Harder
“Our overall view is this year, [the] China market is not an easy bull market,” Bank of America China strategist Winnie Wu said in a sober assessment of the market. “It’s more likely to be…
China Overseas Property (OTCMKTS:CNPPF) Upgraded at The Goldman Sachs Group
China Overseas Property (OTCMKTS:CNPPF – Get Rating) was upgraded by equities research analysts at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to …
Developer Longfor Group posts 20 per cent profit rise for 2021, avoiding debt crisis engulfing China’s property market
The developer said its core profit last year was 22.44 billion yuan (US$3.52 billion), up by a fifth from 2020, as it avoided the debt crises engulfing several of its peers.
China Developers Face Worst Earnings in Decade With Audit Delays
Investors in Chinese developers are bracing for the one of the worst earnings seasons in more than a decade — and even then, they’re unlikely to get the full picture right away.
A marketer’s guide to overseas property for Chinese high-net-worth individuals
In the last 10 years, investment in western assets and property has been steadily growing among Chinese consumers – particularly high-net-worth individuals (HNWIs). Emerging Communications has …
China’s Harbin Eases Real Estate Policies as Housing Price Falls for Seven Months in a Row
Harbin has further loosened the constraints on the real estate market after the housing price in the capital city of northeastern China’s Heilongjiang province dropped for the seventh consecutive …
China Overseas Property Shares Jump After 2021 Earnings Beat
By Yongchang Chin China Overseas Property Holdings Ltd. shares rose 12% Thursday after news its 2021 profit beat expectations. The property …
Property developer Sunac China to extend payment for $633 mln bond -source
Property developer Sunac China 1918.HK is planning to extend payment on a 4 billion yuan ($627.85 million) onshore puttable bond due April 1 CN1633 …
China’s Ailing Developers Delay Results as Audits Drag
Investors will have to wait to see the full damage in China’s property sector, with developers including Evergrande and Kaisa saying they will miss Hong Kong’s March 31 deadline for publishing audited …
China Overseas Grand Oceans: 2021 Contracted Property Sales CNY71.20B, Up 10% on Year
By Anniek Bao China Overseas Grand Oceans Group Ltd.’s net profit rose 15% in 2021 as property sales in China and overall revenue grew. The …
Kaisa becomes latest China developer to delay earnings results; shares slide
“at-above-post addthis_tool” data-url=” KONG (Reuters) -Cash-strapped Kaisa Group Holdings Ltd has joined a growing list of Chinese property developers unable to publish 2021 audited earnings by March …
