China’s policy makers moved to expand support for the nation’s economy as a property-market downturn threatens to hamper growth into next year.
PROPERTY
Nomura says the worst is yet to come for China’s property market
Gareth Nicholson of the financial services firm discusses the risks and opportunities amid the turmoil in China’s real estate sector, as well as the emerging markets to watch.
EMERGING MARKETS-Latam FX muted as Omicron, China property concerns weigh
Latin American currencies moved little on Monday as uncertainty over the Omicron coronavirus variant kept sentiment subdued, while investors feared a spillover from a potential default in China’s …
Ex-Goldman banker bets $245M on distressed China property debt
Hong Kong-based hedge fund Arkkan Capital has raised $245 million for a fund targeting China’s real estate sector.
Deleveraging steps in China’s real estate market should be prudent
China should tackle the problem of high leverage in the real estate market step by step to maintain stable and sound market operations rather than demanding instant success in solving the problem.
China property market faces more nationalisation
Evergrande, the country’s most indebted developer, has admitted it might formally default. With $10 bln in property bonds maturing in January alone, officials are under pressure to keep the sector …
China’s Special Bonds Can’t Halt Property-Led Investment Slump
China is betting that a pickup in infrastructure spending can spur investment and cushion a property-led slowdown which has dragged economic growth down to almost its lowest pace in more than three …
China makes key move to tackle Evergrande default
A crucial step has been taken in addressing the recent default of property developer China Evergrande Group after Guangdong provincial government held a regulatory talk with its chairman and agreed to …
Moody’s: China’s Property Sector Outlook Is ‘Negative’
Franco Leung, associate managing director at Moody’s Investors Service, discusses the prospects for China’s real estate sector. He also talks about the woes of property developer Kaisa Group Holdings …
Chinese property developer Kaisa fails to get bondholder approval to extend maturity, risks default
Chinese property developer Kaisa Group Holdings said it failed to secure the minimum 95% approval it needed from offshore bondholders to extend the maturity.
POLL-China property market to keep cooling into H1 2022 on tight curbs
China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll …
China Property Market to Keep Cooling Into H1 2022 on Tight Curbs: Reuters Poll
China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll …
Tight Liquidity, Credit Polarisation Persist for China Property
We expect the increase in credit polarisation of developers and sector consolidation to expedite a decline in annual property sales volumes, underscoring our deteriorating sector outlook. Fitch …