The Industrial and Commercial Bank of China said on Thursday it will support moves underway in the world’s second-largest economy to stabilise its property market.The comments were made by Wang Jingwu …
PROPERTY
China Property Crisis Is Rippling Through Its Biggest Banks
China’s protracted property downturn is eroding the balance sheets of the nation’s largest state banks as their bad loans are creeping up.Most Read from BloombergBiden Gains Ground Against Trump in …
Veteran China Investor Calls for All-Out Property Curb Lift
One of Asia’s best-known private equity investors is proposing a complete removal of home-buying restrictions in China, arguing the country is far from facing a severe oversupply in residential …
China Signals More Property Support, But Substance to Be Key for Turnaround
China’s premier and its central bank chief have sought to calm the country’s embattled property sector in recent days, but investors are waiting on something slightly more elusive: concrete steps.
China’s Tech Sector May Rival Property as Growth Driver, BE Says
China’s high-tech sector is driving an increasing amount of demand for goods and services in the world’s second-biggest economy, and its contribution could rival real estate by 2026, according to …
China Builder Radiance Defaults on Dollar Bond Amid Sales Slump
Chinese developer Radiance Holdings Group Co. defaulted on a $300 million bond after it missed a payment due Wednesday, making it the latest company in the nation’s real estate sector to fail to meet …
Bain Capital Says There Is ‘No Quick Fix’ for China Property
Kei Chua, partner, special situations investment in Greater China and North Asia at Bain Capital, shares his views on the woes in China’s real estate market. He speaks at Bloomberg’s China Credit …
China’s Distressed Property Developers in Focus at Credit Forum
Welcome to our TOPLive coverage of Bloomberg’s China Credit Forum. The nation’s $13 trillion credit market offers both risks and opportunities, and we’ll talk to some of the best-informed experts on …
China’s property investment declines slow but sector still shaky
China’s fragile housing market opened this year with slower declines in property investment and sales, buoyed by government efforts to arrest a protracted downturn in the sector, however, analysts …
China’s property crisis deepens as housing sales plummet
China’s property crisis deepened last month as housing sales plunged and builders cut back on new developments.
China’s Real-Estate Market Just Set a Record—but Not a Good One
Secondhand home prices in the most developed cities saw their the worst decline since the government started releasing data in 2011, suggesting China’s real-estate slump shows no signs of losing steam …
S&P puts property giant China Vanke on downgrade warning
There was more bad news for the Chinese property sector on Friday, as credit rating agency S&P Global put one of the country’s biggest developers, China Vanke , on a downgrade warning.
Iron Ore Drops Below $100 on China’s Persistent Property Crisis
Iron ore futures fell below $100 a ton for the first time in seven months as investors bet that China’s years-long property crisis will run through 2024, keeping a lid on steel demand.Most Read from…
