Chinese developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for $707.83 million.
PROPERTY
China’s Property Crisis Has Investors in Green Bonds Seeing Red
The selloff in China’s property-bond market and a string of defaults have hammered prices for many dollar-denominated green bonds issued by developers.
Adriel Chan on China’s Property Sector (Radio)
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Bizarre property deals expose China’s ‘looming risk’ as real estate crash escalates
As China’s property crisis escalates, attention is turning to a bizarre strategy which involves local governments selling off land – to themselves.
China property shares slump as planned U.S. rate hike adds to woes
China Evergrande Group shares slumped on Thursday after the developer’s thinly detailed roadmap for restructuring left investors dissatisfied and its indebted peers also fell on concerns higher …
This Is the Evergrande Endgame as China’s Property Problems Spread
What it means that more companies are getting into trouble …
China property is hanging by a thread
A recent rebound in the secondary market performance of Chinese property bonds belies the fact that bigger troubles are brewing for offshore investors. A lot has been written about the health (or the …
China’s government ‘really’ needs the real estate sector to stay healthy, says investment firm
Teresa Kong of Matthews Asia says China’s real estate sector accounts for a significant portion of its economy.
Why Does David Mann Anticipate ‘Flattish’ Growth For China In 2022?
On CNBC, David Mann of the Mastercard Economics Institute said China is facing challenges due to its property sector not performing well, so the ability to stimulate growth is not strong. He added …
Chinese property developer, struggling with more than $300 billion in debt, begins creditor talks over default
HONG KONG — China Evergrande Group began long-awaited talks with creditors on Wednesday, a participant said, as the property developer struggles under debt of more than $300 billion. Evergrande, once …
China property is hanging by the thread
A recent rebound in the secondary market performance of Chinese property bonds belies the fact that bigger troubles are brewing for offshore investors. A lot has been written about the health (or the …
China GDP: IMF cuts growth forecast to 4.8 per cent, warns property sector pressure a ‘prelude’ to broader slowdown
The International Monetary Fund slashed its economic growth forecast for China this year by 0.8 percentage points to 4.8 per cent, citing pressure on consumption and construction.
Chinese state-owned property firms step in to rescue cash-strapped developers
“at-above-post addthis_tool” data-url=” Clare Jim HONG KONG (Reuters) -Chinese state-owned property firms are expected to acquire more assets from cash-strapped private developers, analysts said, as …
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