Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd to purchase some of embattled China Evergrande Group’s assets, people with knowledge of the …
PROPERTY
China’s housing mess pinned on Evergrande
BEIJING: A state crackdown on China’s colossal property market has helped send one of its biggest developers to the brink of collapse and analysts warn the fallout could lead to the bursting of a …
China’s power crunch dwarfs Evergrande’s troubles in investors’ eyes
China’s power supply crunch, that has shut factories across the country, may pose a much bigger threat to the economy than the debt crisis at Evergrande Group , prompting investors to shun industries …
China asking state-backed firms to pick up Evergrande assets – sources
Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd to purchase some of embattled China Evergrande Group’s assets, people with knowledge of the …
Property, tech stocks power Hang Seng rally as China vows to maintain a healthy real estate market amid distress signs
Stocks show a promising start as risk appetite rebuild. China’s central bank vows to ensure a healthy property market, a sign authorities are ready to contain any fallout from Evergrande’s debt crisis …
PBOC Vows to Ensure ‘Healthy’ Property Market: Evergrande Update
Chinese authorities are striving to signal to traders that whatever happens to China Evergrande Group, its debt crisis won’t spiral out of control or derail the economy. Most Read from BloombergHow …
China’s Evergrande Debt Crisis Weighs on Global Markets, Domestic Property Market
The situation concerning the heavily indebted Chinese real estate giant Evergrande has weighed on markets around the world this week. The company missed Thursday’s interest payment of $83.5 million …
Goldman cuts China GDP growth forecast on energy supply crunch
Goldman Sachs has cut China’s economic growth forecast for 2021 to 7.8per cent, from 8.2per cent, as energy shortages and deep industrial output cuts add “significant downside pressures”, it said in a …
Why China is making an example out of property giant Evergrande with the country having so many empty apartment blocks they’re being BLOWN UP – here’s what the crisis means for …
China has enough empty apartments to house 90million people. Hong Kong-based researcher Logan Wright said that explained the Evergrande crackdown. Australians with shares are in danger.
Sunac Leads Rebound in Chinese Property Stocks
The real-estate developer played down a leaked request for government help, and the country’s central bank said it wants healthy development of the property market.
Moody’s Analytics: China’s property market too big to fail
Moody’s Analytics expects China to make every effort to avoid a hard landing as it seeks to tame the housing market while financing pressure on developers has mounted.
Evergrande risks rub up against China’s attempts to rein in property sector
Metrics introduced to cap debt ratios show Beijing’s aim of restructuring the market, but Evergrande’s staggering debts may force the government to shore up the sector.
Evergrande fuels concerns over China’s housing bubble
A state crackdown on China’s colossal property market has helped send one of its biggest developers to the brink of collapse, and analysts warn the fallout could lead to the bursting of a bubble that…
