HONG KONG China Everbright Limited’s (0165.HK) real estate private equity arm plans to raise its first China-focused dollar fund in seven years to tap rising demand from foreign investors for assets in the world’s second…
PROPERTY
Fitch Affirms China United Property Insurance at ‘A-‘; Outlook Stable
(The following statement was released by the rating agency) HONG KONG, June 02 (Fitch) Fitch Ratings has affirmed China United Property Insurance Company Limited’s (CUPI) Insurer Financial Strength Rating (IFS) at ‘A-‘ (Strong). The Outlook…
China stocks give up gains on worries share rules may backfire; HK flat
SSEC +0.1 pct, CSI300 -0.1 pct, HSI -0.1 pct * China’s share sales rules may have unintended consequences * China property shares jump on performance expectations SHANGHAI, May 31 China stocks opened sharply up on…
Property buyers hit a brick wall as Beijing tries to avert housing bubble
For almost two decades, China’s property market was a one-way bet. As urban residents made the move from state housing to privately owned flats from 1998, there were big profits to be made. Before that…
Smaller Cities Keep China Property Market Hot in April
BEIJING — Home prices in China’s biggest cities softened in April as administrative curbs to dampen a red hot property market took effect, but robust demand in smaller cities resulted prices nationwide rising by their…
China home prices pick up pace in April despite curbs
Analysts say accelerated prices gains were likely supported by increased demand in smaller cities where property market curbs are less stiff. Prices in China’s smaller cities, or known as tier-3 cities, grew 0.9 percent in…
China developers' offshore dollar bond sales dry up as issuance curbs bite
as Beijing’s bid to cool the property sector closes corporates’ access to the global debt market. Bankers and developers who spoke to Reuters say China’s National Development and Reform Commission (NDRC), which approves corporate debt…
Chinese buying up property
prefer property in Thailand over China, as prices are lower. Sales-purchase conditions in Thailand are also less complicated, with lower down payment rates and property transfer fees. According to Mr Wason, investors who purchase rental…
China’s Housing Market Springs a Leak
In southern China, it’s the season of “plum rains”, when wet weather helps the fruit ripen—but also causes severe flooding. This spring, China’s all-important housing market, which supports around a quarter of the economy and…
China's economy loses momentum as policymakers clamp down on debt risks
China’s central bank has been guiding short-term interest rates higher to help contain debt perils, though it is treading cautiously to avoid hurting economic growth. A red-hot property market, fueled by speculative investments, has been…
China property price growth slows in top cities
Growth in China’s new home prices slowed further in April when compared to a year prior, particularly among top-tier cities, but new official data also show price rises ramped up in month-on-month terms to the…
No sign of easing in capital controls even as China’s overseas shopping spree continues, experts say
The firm recently represented China Minsheng Investment Group’s property arm SRE Group, a Shanghai-based developer listed in Hong Kong, in its US$88 million acquisition of 75 Howard, a harbourfront condominium development in downtown San Francisco.…
China property investment rises in April as controls eat into sales
BEIJING Real estate investment in China rose in April from March although sales growth was significantly slower, suggesting investment in the sector remained robust even as intensified government controls to rein in the market began…