He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
PROPERTY
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan
Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could cut risks associated …
China’s property slump is expected to get worse
Two global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. S&P Global Ratings now …
China’s property market sees promising signs as policy package kicks in
By mid-June, the city registered 14,730 existing home deals — surpassing the average monthly level from the previous five months — since May 28, when local favorable property measures kicked in. In …
China property recovery elusive despite relief, say S&P, Fitch; others see bright spots
Beijing’s most ambitious attempt yet to support China’s slumping property market was panned by S&P Global and Fitch Ratings, as the two agencies predict more downside for the crisis-hit sector, in …
Opinion | Inside China’s Troubled Real Estate Market
I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality?
Opinion | Inside China’s Troubled Real Estate Market
I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality?
China’s property sales outlook worse than ratings firms expected
TWO global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. Read more at The …
China’s Property Crisis & Manufacturing Slowdown Trigger China’s Worst Ever 3-Year Drop of Steel Production
China, which produces over half the world’s crude steel – ingots, semi-finished products (billets, blooms, slabs), and liquid steel for castings – is dealing with the more or less controlled collapse …
Rare bulls in China property market stick to their bets
The few investment houses which are bullish on China’s property sector are holding on to their optimistic bets in defiance of a faltering stock market and a dominant view that Beijing’s latest support …
China property investment continues to decline despite support measures
China’s property sector remains weighed down by weak housing demand, with the decline in real estate investment deepening despite Beijing’s support measures. Property investment fell 10.1% Y/Y in the first five months of the year,
China’s factory output disappoints, property sector stuck in doldrums
BEIJING (Reuters) -China’s May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up …
