“We’re talking about big damages. We’re talking about numbers that you haven’t even thought about,” Trump said. AP President Donald Trump said the United States was considering a big “fine” as part of a probe…
PROPERTY
Chinese conglomerate Dalian Wanda’s hotel division to sell London property project
Wanda wants US$5b from single buyer for five offshore assets as China reins in investments abroad Wanda denied the report but acknowledged it was undertaking a strategic review of its property projects and would consider…
Is China’s position on property market thawing?
As China’s stock market witnessed the longest consecutive rally in over two decades, the property sector emerged as the biggest winner. Property developers’ shares gained more than 2.8 percent on average over reports of impressive…
China’s Logan Property targets 52 rise in sales in 2018
HONG KONG, Jan 15 (Reuters) – Chinese real estate developer Logan Property Holdings Co Ltd said on Monday it has set its 2018 full-year target for contract sales at 66 billion yuan ($10.2 billion), up…
BRIEF-China Wuyi to set up property firm, units invest in Kenya
* SAYS UNITS PLAN TO INVEST IN TWO CONSTRUCTION MATERIALS PRODUCTION PROJECTS IN KENYA Source text in Chinese: bit.ly/2CXXNRb Further company coverage: ($1 = 6.5040 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The…
China’s top developers poised for strong sales as debt woes linger
A softening but still resilient property market, underpinned by steady prices, would be welcome news for both China’s policymakers and developers. Beijing is eager to keep the market stable as the government tackles an alarming…
China’s Lanzhou eases property tightening measures, more cities may follow
BEIJING, Jan 8 (Reuters) – The Chinese city of Lanzhou has eased property curbs amid a nation-wide clampdown on housing speculation, raising concerns that other cities may follow suit which will further inflate price bubbles…
Property developers power China stocks to 6-week highs; Hong Kong flat
SHANGHAI, Jan 8 (Reuters) – China’s main share indexes rose on Monday morning and were on track to climb for a seventh straight session, boosted by robust gains for real estate firms as major developers…
China’s property sales may finally stop growing this year, UBS says
The Chinese government’s efforts to cool the property sector may finally pay off in 2018, with UBS forecasting zero growth in real estate transactions for the entire year. Real estate purchases slowed in the second…
BRIEF-China Fortune Land Acquires Property Assets, To Set Up Property Firms
Jan 5 (Reuters) – China Fortune Land Development Co Ltd : * SAYS IT AND UNITS SET UP SEVEN PROPERTY FIRMS WITH TOTAL INVESTMENT OF 580 MILLION YUAN ($89.41 million) * SAYS UNIT ACQUIRES PROPERTY…
China Property Bonds Seen Facing Highest Default Risk in ’18
IOB’s Decision To Set-Off Losses Is An “Unusual”Accounting Move Says Veteran Auditor Bajaj Vs Bajaj: The Tale Of Two Brothers Half Of India’s Listed Government Banks Now Under RBI’s Watch Get Ready For A Global…
Buyers beware: China’s property bonds face the highest risk of default among borrowers in 2018
Bonds from China’s property developers face the biggest risk of default in the nation’s domestic debt market as the government’s funding curbs strain their finances, according to a survey of analysts and traders. Ten out…
China speeds up introduction of property tax
As part of the plan to contain housing price, China vows to step up housing system reform and create a long-term market mechanism. When and how a property tax will be levied has long been…
