Modern Land 1107.HK defaulted on a bond payment, the latest Chinese property developer to do so, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group 3333.HK, …
PROPERTY
China’s real estate crisis: Evergrande and these developers are already in trouble
China’s real estate crisis isn’t showing any sign of letting up.Embattled conglomerate Evergrande rattled global markets in September by warning it could default on its huge debts. Since then, more …
Property in China will become a sector with low profit margins in 5-10 years, says analyst
Bo Zhuang of Loomis Sayles says China’s property sector will go through some changes in the coming years. The government will play a larger role, while many developers will “go bust” or merge with …
China property nerves continue stalking Asia
Like, the Nikkei, also on fire today, both have a lesser correlation to China’s property sector nerves than ASEAN markets. A new poll released today, suggesting the ruling LDP will maintain a majority …
Evergrande Resumes Work On More Than 10 Property Projects Amid China’s Crackdown
Amid fears of Evergrande’s defaulting on several payments affecting the global economy, the firm has now confirmed the resumption of several projects.
Blow to China’s $82 trillion property industry could impact Australia
China’s housing market was worth a whopping $US62.6 trillion ($83.6 trillion) last year but there are fears it could all come crashing down causing a knock on effect in Australia.
Asia Session: China Property Sector Jitters Continue Stalking Regional Markets
Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, GBP/USD, USD/JPY, USD/CHF. Read MarketPulse (Jeffrey Halley)’s latest article on Investing.com …
China to expand property tax trial to curb speculation
China is set to expand pilot property tax reforms, state media reported, as the government battles real estate speculation in the world’s second-biggest economy. China’s housing market took off after …
China’s new property tax may prompt owners of multiple homes to sell down their holdings before prices take a hit, say analysts
News that China is to pilot a much-heralded property tax in selected cities may have a psychological impact on the market, prompting owners of multiple homes to sell down their holdings before the …
There’s a chance China might finally put taxes on property
China is closer than ever to taxing property owners, now that Chinese President Xi Jinping has the political momentum to get the ball rolling, analysts say.
HSBC bucks China property worries with 74% profit jump, $2 bln buyback
HSBC Holdings reported a surprise 74% rise in third quarter profit as it shrugged off concerns about pandemic-related bad loans and property problems in its key market of China, allowing it to …
China’s property bubble just got pricked — why it spells trouble and how to protect yourself
Technology is a volatile sector, but it’s also at the top of the list when it comes to growth — something your portfolio needs when trying to battle against stagflation. In this article, we discuss…
China expands property tax trials in next step of ‘common prosperity’ drive
China has expanded trials for a property tax, a decision that pitches President Xi Jinping against deeply entrenched vested interests across an economy fuelled for decades by real estate development.
