BEIJING (Reuters) – China’s home price growth slowed slightly in June as government efforts to keep prices in check weighed on larger cities though smaller cities maintained rapid growth. Compared with a year ago, average…
PROPERTY
China property investment, sales ease in second quarter but remain resilient to curbs
BEIJING (Reuters) – China’s real estate investment growth slowed slightly in the second quarter from the first, suggesting government curbs to rein in the red-hot property market are starting to hit speculators even though underlying…
UPDATE 2-China property investment, sales ease in Q2 but remain resilient to curbs
* Q2 sales by floor area +14.1 pct y/y (vs +19.5 pct in Q1) * June property investment +7.9 pct y/y (vs +7.3 pct in May) * June sales by floor area +21.4 pct y/y…
UPDATE 1-China property investment, sales quicken in June despite gov’t curbs
* New construction starts +14.0 pct y/y (vs +5.2 pct in May) * Sales by floor area +21.4 pct y/y (vs +10.2 pct in May) BEIJING, July 17 (Reuters) – China’s real estate investment growth…
China property investment, sales quicken in June despite government curbs
BEIJING (Reuters) – China’s real estate investment growth sped up in June after slowing in May, suggesting investment in the sector remained resilient even as the government has sought to tame soaring property prices by…
China H1 property investment rises 8.5 pct y/y, vs 8.8 pct gain Jan-May
BEIJING, July 17 (Reuters) – Real estate investment in China rose 8.5 percent in the first half of 2017 from the same period a year earlier, easing slightly from 8.8 percent growth in the first…
After Wanda Deal, Chinese Property Developer Faces Debt Risk
BEIJING — The Chinese property developer Sunac China Holdings has turned into one of the country’s biggest white knights, swooping in to help troubled companies with too much debt. The risk: Sunac is amassing its…
CORRECTED-UPDATE 2-China May property investment eases, construction starts dip sharply
(Corrects May property investment growth to 7.3 pct from 7.2 pct in fourth paragraph and bullet) * May Property investment +7.3 pct y/y (vs +9.6 pct in April) * New construction starts +5.2 pct y/y…
CORRECTED-China May property investment growth eases for first time in three months
(Corrects figure in second paragraph to 7.3 pct from 7.2 pct. An alert was also issued with the 7.2 pct number.) BEIJING, June 14 (Reuters) – China’s property investment growth eased for the first time…
Stockholders Ride China’s Developer Wave Despite Warning Signs
For all the headlines on China’s deleveraging and actions to damp a hot property market, there’s still plenty of exuberance around. Two growth-consumed developers, Sunac China Holdings Ltd. and China Evergrande Group, have shown in…
China June trade beats expectations as global demand remains strong
Beijing (Reuters) – China reported better-than-expected trade data for June, suggesting the economy is holding up well thanks to firmer global demand, despite a cooling property market at home amid a financial crackdown that has…
There’s a strange accounting trick behind one of China’s largest property deals ever
Major Chinese conglomerate Dalian Wanda is selling a bunch of its theme parks and hotels for $9.3 billion to Sunac, a Chinese property developer. That is projected to be the one of the largest Chinese…
Sunac China’s shares soar as $9.3 billion Wanda property deal seen as positive
HONG KONG Sunac China Holdings’s (1918.HK) planned $9.3 billion deal to buy Dalian Wanda’s tourism projects and hotels is a bargain even though it could become China’s most indebted developer, analysts said, a view that…
