China Evergrande has threatened to take legal action against a local bank after the lender froze some of its deposits onshore. The stock crashed 16 per cent in Hong Kong, the most in nine months.
PROPERTY
China Evergrande Stock, Bonds Fall After Court Ruling
A lender won a legal ruling freezing about $20 million of the indebted Chinese property developer’s assets, intensifying concerns about its ability to repay its debt.
Top executive of property giant China Evergrande appears in Hong Kong court charged with attempted rape
Chen Fen, a senior executive of China Evergrande, is accused of trying to assault a woman at Happy Valley flat. Alleged offence followed a hotpot dinner – found to be in breach of Covid-19 rules.
Update: China’s property investment up 15 pct in H1
China’s investment in property development rose 15 percent year on year in the first half of 2021, the National Bureau of Statistics (NBS) said Thursday. Total property investment in the period stood …
China sees stable intellectual property growth in the first half year
China on Wednesday reported a stable trend in intellectual property development in the first half of this year. A total of 339,000 invention patents were authorized in the first six months, the China …
China property investment growth slows in H1
Real estate investment in China rose 15% in January-June from the same period a year earlier, official data showed on Thursday, slowing from 18.3% growth in the first five months of the year.
China Real-Estate Investment Cooled in 1H
BEIJING–Property investment growth in China slowed in the first half of the year, as the base effect faded and Beijing tightened its control over …
Key Options for China’s Property Developers to Reduce Leverage
Chinese property developers have been under pressure to control leverage since the government introduced the “thre …
Urgent: China’s property investment up 15 pct in H1
China’s investment in property development rose 15 percent year on year in the first half of 2021, the National Bureau of Statistics said Thursday. Enditem …
China’s June new home price growth slows amid curbs
Compared with a year earlier, new home prices rose 4.7%, slower than a 4.9% uptick in May. China’s property market has rebounded quickly from the COVID-19 shock early last year, raising concerns about …
China Home Price Growth Slows Under Tougher Mortgage Borrowing
Home-price growth in China moderated for the first time this year in June after authorities stepped up measures to cool the market with tougher mortgage borrowing.
China’s property loans see slower growth in June
China’s property loans increased at a slower pace in June, the country’s top banking and insurance watchdog said Wednesday. As of the end of June, loans to the property sector expanded by 10.3 percent …
China sees stable intellectual-property growth in H1
China on Wednesday reported a stable trend in intellectual property development in the first half of this year A total of 339000 …
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