A record-breaking rally in Chinese property bonds is highlighting the huge sums of money primed to flow into the distressed securities should Beijing dial back its industry crackdown.
PROPERTY
China drafts rules to give property developers more access to escrow funds: Sources
Regulatory curbs on borrowing have driven the sector into crisis, highlighted by China Evergrande Group which was once China’s top-selling developer but is now the world’s most indebted property firm …
Prospective property buyers in China are taking a ‘wait and see’ approach, says analyst
Zerlina Zeng of CreditSights says prospective property buyers in China are waiting for more details on the government’s property tax trials.
Xi reshapes China property market, paving the way for state dominance
For any government, overhauling a nationwide residential real-estate market would be risky under the best of circumstances. Chinese President Xi Jinping (習近平) is attempting it at a time when the …
Sign Evergrande ‘contagion’ has arrived after crisis reaches China’s biggest property developer
There has been one major concern on the minds of experts ever since Evergrande’s slow downfall began – contagion.
China biggest property developer swoops in with mini buyback as bonds slump
China’s biggest homebuilder by sales, Country Garden, scooped up $10 million of its own bonds on Monday as the country’s ongoing property crisis sent then sprawling again. Last week was the worst …
China property developer dollar bonds slump
Dollar bonds of Chinese property developers including including Central China Real Estate, Yuzhou Group Holdings, KWG Group Holdings and Jingrui Holdings fell sharply on Monday, slumping as much as 20 …
China’s GDP growth slows amid zero-Omicron approach, property woes hit demand
Chinese State media reported on Sunday, Beijing will require travellers to get a COVID-19 test within 72 hours of arrival in the Chinese capital, a day after the city reported its first Omicron case …
China posts 8.1% growth for 2021 but a property downturn and its zero-COVID policy could add pressure
Year-on-year growth towards the end of the year was much slower than the breakneck pace seen at the start of 2021 and forecasters fear a property sector downturn and strict approach to coronavirus …
China’s 2021 property investment rises 4.4% y/y
BEIJING: China’s property investment rose 4.4% in 2021 from a year earlier, slowing from a 6.0% gain seen in the first 11 months of the year, official data showed on Monday. Property sales by floor…
China’s Home Market Slump Persists on All Fronts, Hurting Growth
China’s property market slump persisted in December, contributing to an economic slowdown that spurred policy makers to cut a key interest rate.
Property crisis hits China’s largest builder Country Garden
Country Garden is one of the few remaining large, better-quality private developers that had been largely unscathed by the liquidity crunch in China’s property market.
Xi Reshapes China Property Market Paving Way for State Dominance
For any government, overhauling a nationwide residential real estate market would be risky under the best of circumstances. Chinese President Xi Jinping is attempting it at a time when the economy is …
