HONG KONG (Reuters Breakingviews) – Beijing wants more people to rent. More leases and fewer mortgages could put China’s overheated property sector on a more sustainable footing, plus increase economic efficiency. But the initiative is…
PROPERTY
BRIEF-China Aoyuan Property Group posts August contracted sales of about RMB2,655 million in total
Sept 5 (Reuters) – China Aoyuan Property Group Ltd : * August 2017, group achieved unaudited contracted sales of approximately RMB2,655 million in total Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters…
Warburg Pincus adds $183 mln to China’s Nova Property investment
HONG KONG, Sept 4 (Reuters) – Private equity firm Warburg Pincus LLC on Monday said it will invest $183 million in Nova Property Investment Co. Ltd as the Chinese real estate developer and asset manager…
Investors Can’t Get Enough of China Property Developer Bonds
Start your day with what’s moving markets in Asia. Sign up here to receive our newsletter. Dollar bonds sold by China’s property developers are being lapped up by investors, lured by the companies’ stronger earnings…
Investors Can’t Get Enough of China’s Property Developer Bonds
Dollar bonds sold by China’s property developers are being lapped up by investors, lured by the companies’ stronger earnings and improving credit profiles. Notes sold in July and August by Chinese developers attracted orders 6.3…
China’s property market is a major source of financial risk: central bank official
BEIJING (Reuters) – China’s property market has become a major source of financial risk and Beijing cannot rely on adjustments to monetary policy alone to resolve the “serious” problems caused by the sector, a central…
China’s property market is a major source of financial risk – c.bank official
BEIJING, Sept 1 (Reuters) – China’s property market has become a major source of financial risk, a central bank official said on Friday, according to China Finance, a publication under the People’s Bank of China…
BRIEF-China Sce Property and Newup Holdings enter into placing and subscription agreement
* Placing agents agreed to place, on fully underwritten basis, 400 million existing shares at a price of HK$3.64 per share on behalf of vendor Source text for Eikon: Further company coverage: Our Standards:The Thomson…
China Property Bears Crushed by Relentless Rise in Stocks
China property bears have been beaten back as shares of top developers climb to record levels amid soaring profit. Bearish wagers on China Evergrande Group and Sunac China Holdings Ltd., the nation’s two most-shorted developers,…
BRIEF-Moody’s says growth rate for China’s residential property sales to continue slowing
* Moody’s on China’s residential property – next 6-12 months will be challenging for developers with tight regulatory measures likely to remain * Moody’s – expects slowdown in growth in China property sales will continue…
China correction would have negative effect on Australia property
The action in the long running Australian property boom has shifted to outer suburban land. And at the same time we need to watch closely what is happening in China because there is a potential…
China’s home prices to rise 6.8 percent this year as small city sales boom: Reuters poll
BEIJING (Reuters) – China’s home prices in 2017 are likely to rise more than previously estimated despite a flurry of government curbs to crack down on speculation, a Reuters poll showed on Tuesday, soothing fears…
Overseas property crackdown from China to be ‘widely felt’
Beijing: A Chinese government crackdown on offshore property deals will be widely felt in countries including Australia, says Trade Minister Stephen Ciobo. Chinese companies have been the biggest source of new foreign investment in Australia…