For a change, or really for the second time in three days, the majors did not lead. While the Nasdaq Composite tacked on 0.24% and the S&P 500 closed up just 0.06%, the smaller-cap indexes…
PROPERTY
China’s Property Crisis Is Starting to Ripple Across the World
Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a deepening property crisis at home trumps the risks of…
There’s ‘no chance’ China’s property market rebounds to what it was, researcher says
China’s real estate sector was once 25% to 30% of the country’s GDP. And there’s no other sector large enough to fill in that gap.
China Market Update: Markets Take A Breather Before Lunar New Year Holiday
The Lunar (Chinese) New Year holiday begins tomorrow. Mainland markets will be fully closed starting tomorrow and remain closed for all of next week. Hong Kong will have a half day tomorrow and be …
China property defaults won’t stop banks lending to cash-strapped developers, says Goldman Sachs report
China’s property downturn and recent slew of defaults are unlikely to rattle overseas creditors or deter domestic banks from channelling resources towards cash-strapped developers, according to the …
China’s Property Bubble Bust Is Beginning To Look Like Japan’s
China’s slide into deflation came when Japan was snapping out of it. In the third quarter of 2023, Japan’s residential property price index rose at an annual rate of 2.4%, following an even more …
China’s Property Crisis Is Much Bigger Than Evergrande
Evergrande is the largest indebted property developer in the world. It’s also just the tip of the iceberg of China’s real estate debt crisis.
China Real-Estate Projects Set to Receive Loans Under ‘Whitelist’ Program
Thousands of real-estate projects in China are set to receive funding under Beijing’s new “whitelist” financing program, as policymakers intensify efforts to rescue the property sector from a …
China property developers Sunac, CIFI say projects get local govt support
Chinese property developers Sunac China and CIFI Holdings said some of their projects had been listed by local governments as suitable for loans, adding to the number of defaulted developers getting …
China Boosts Property Market Aid Amid IMF’s Slower Growth Forecast
Despite a series of measures aimed at bolstering the struggling property sector, Chinese markets saw a decline on Friday. This decline coincided with a forecast by the International Monetary Fund (IMF …
China’s flailing property market is finally showing signs of bottoming
Government land sales picked up for the first time in 2 years, while home prices rose at the fastest pace since mid-2021, Reuters reported.
Decline in China’s property sector may be slowing, no recovery yet
China’s new home prices rose at the fastest monthly pace in nearly 2-1/2 years and government land sales ended a 23-month slump, according to recent government data and a survey, indicating the rate …
China’s Property Crisis Marks Sidley’s Time in the Sun, But Will It Shake Up the Playing Field?
Outside of China’s property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
