O ver two dozen Chinese real estate companies failed to meet the March 31 deadline to file their audited financial reports for the 2021 year, and for the companies that did file, …
PROPERTY
As Property Downturn Drags On, Chinese Developers See an Uncertain Future
After suffering through a bruising property-market downturn, the Chinese developers still standing are predicting a starkly different future from their hard-charging days of the past.
Li Ka-Shing Tops Ranking of Global Property Rich Dominated by Chinese Tycoons
Eight of the world’s top 10 property billionaires are Chinese, headed by Li Ka-shing of Cheung Kong Holdings, according to the Hurun Global Real Estate Rich List 2022. Worth CNY205 billion (USD32.2 …
BlackRock Among Investors to Pare Losing China Property Bets
The biggest investors in China’s junk property bonds reduced their exposure for the first time in months, a turning point after they previously doubled down through distress and default risks.
Virus outbreak adds to Chinese economy’s property pain
Economists are pessimistic about the Chinese economy as escalating measures to suppress COVID-19 and a troubled property sector add pressure on growth.
China’s property sector is getting better but hasn’t ‘permanently turned a corner,’ says analyst
Charlene Chu of Autonomous Research discusses the state of China’s real estate sector. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered …
Rental market boom is a silver lining for China’s property sector
A liquidity crisis has called into question the way Chinese developers financed and built homes, and shattered confidence among homebuyers and investors With Xi Jinping prioritising affordable rental …
CapitaLand Development wins bid for two prime residential sites in China for $748 mil
“We are further encouraged by the Chinese government’s recent pledge on policy easing, which is expected to set China’s real estate sector on the path to recovery. CLD stands ready to capitalise on …
Russia, China woes risk worst EM corporate default wave since financial crash – JPMorgan
JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s ongoing property crash could see the worst wave of corporate defaults since the global financial crisis. A new report …
China’s top property developers see stable sales in 2021
China top real estate developers saw stable sales last year an industrial report showed In 2021 the total sales volume of the to …
Construction has resumed at 95% of China Evergrande projects
A unit of troubled property developer China Evergrande Group said construction work has resumed at 95% of Evergrande ‘s projects across the country as of late March. Evergrande …
China’s cities ease property curbs as economy takes an Omicron hit
Dozens of municipal authorities relax rules on housing purchases and sales as economic stability takes precedence More are set to follow suit, researchers say Property curbs are easing in cities …
Construction has resumed at 95per cent of China Evergrande projects, unit says
A unit of troubled property developer China Evergrande Group said construction work has resumed at 95per cent of Evergrande’s projects across the country as of late March.Evergrande has resumed work …
