China’s ruling Communist Party vowed to examine measures to tackle the nation’s excess housing inventory, signaling stepped-up help for a protracted property crisis, and hinted at possible rate …
PROPERTY
China’s Top Leaders Hint at Property Support, Interest Rate Cuts
China’s ruling Communist Party vowed to study measures to digest the nation’s housing stockpile, in a move that could alleviate the property crisis, and hinted at a willingness to cut rates.
China Vanke Shares Slump After Soft Results Amid Continuing Property Downturn
China Vanke shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.
China Vanke Posts First-Quarter of Losses Amid Property Woes
By Kimberley Kao China Vanke posted a first-quarter loss as earnings were weighed by the ongoing slump in China’s property sector. The company, one …
NASA’s chief is worried that China will seize Moon real estate
NASA’s leader is worried about an international race for lunar real estate, as China prepares for a series of missions to the Moon.
China: Property developers’ shares rally on stimulus hopes
Hong Kong’s Hang Seng Mainland Properties Index jumped 4.3% in the morning session, while mainland China’s CSI 300 Real Estate Index surged 6.9%, both to near four-month highs.
China’s Property Woes Weigh on Economy
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
Chinese property shares rally on stimulus hopes
Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase …
Chinese Property Shares Jump After Major City Removes Home-Buying Curbs
By Sherry Qin Chinese property shares surged on Monday after a major city in southwest China relaxed its curbs on home buying, raising hopes that more …
Chinese property developer Kaisa’s liquidation hearing adjourned to May 27
Shares of Kaisa jumped 23% on Monday, in line with the performance of other property peers. Hong Kong’s Hang Seng Mainland Properties Index (.HSMPI) , opens new tab firmed 5.6%, while mainland China’s …
China developer CIFI gets bondholder go-ahead on restructuring plan
Embattled Chinese property developer CIFI Holdings said on Monday it has reached agreement with a key group of bondholders on a plan to restructure its offshore debt.
China’s property bust was easy to foresee, but no one wanted to stop it
Buyers who suspected the property markets were overbuilt bought more anyway. Chinese and foreign investors seeking juicy returns flooded developers with funding. The cheerleaders were operating on a …
China’s Property Market Can’t Heal. Who Feels the Pain.
China’s economic troubles moved off center stage because it was thought that stimulus from Beijing would at least stabilize the battered property market. First quarter real estate data illustrates the …
