China’s biggest cities saw a faster increase in prices of new residential houses and secondhand homes in December, official data showed, as analysts said demand for housing in competitive school … ( read original story…
PROPERTY
China’s 2020 property investment rises 7% y/y
China’s property investment rose more slowly in 2020 from a year earlier although the rate of growth remained robust, official data showed on Monday. ( read original story …)
Chinese Property Developers Have Huge Debts to Refinance
China’s property developers have a mountain of international debt to refinance this year, and tight lending conditions are raising the risk of defaults. The real-estate firms need to repay up to $53.5 … ( read…
China property: new home prices grew moderately in December, as tightening measures cooled market
China’s new homes prices grew moderately in December, official data showed on Friday, as government measures aimed at cooling the property market took their toll. ( read original story …)
UPDATE 1-China’s new home prices see moderate growth in December
China’s new homes prices grew moderately in December, official data showed on Friday, as government measures aimed at cooling the property market took their toll. Average new home prices in 70 major … ( read…
China’s credit tightening measures to put pressure on property, local government financing vehicles
Despite calls from some officials and analysts for a continued accommodative monetary stance to aid economic recovery, the central bank’s decision follows Beijing’s orders to stabilise the nation’s … ( read original story …)
China’s Very Distressed Developers Are Also Very Clever
Watched closely by Beijing regulators, the real estate sector has found twisty ways to pile up even more debt and avoid scrutiny. ( read original story …)
Chinese Management Companies are Suddenly Hot Property
One niche segment of China’s unloved property sector still has the government strongly in its corner … ( read original story …)
China Bank Property Lending Caps to Curb Concentration Risks
New regulatory caps on banks’ lending exposure to the property sector are consistent with government efforts to contain risks associated with excessive borrowing among property developers and home … ( read original story …)
China risks post-pandemic credit crunch, analysts warn
The country’s closely watched gauge that tracks the change in new credit is expected to turn negative in 2021 after surging last year … ( read original story …)
Jack Ma gets a hard lesson in who the real boss is in China
Jack Ma, the billionaire founder of Alibaba, had everyone talking. “He had electrified all the young entrepreneurs with his speeches, enthusiasm and presence,” Sorrell recalls. But Ma has not been … ( read original story…
New World sells US$200 million of sustainability-linked bonds to steer its real estate projects towards renewable energy
The focus on sustainability is part of the “human-centric” approach charted by Cheng since taking over from his father in the driving seat of one of Hong Kong’s largest conglomerates, with businesses … ( read…
World should steel for peak China demand
Markets should steel for peak China demand. Consumption of the metal in the People’s Republic fell for the first time this century in August, an industry official said on Sept. 25. If the decline ……