Beijing, China’s capital, has finally joined other major Chinese cities in relaxing home buying restrictions to bolster the property market. The Beijing Municipal Commission of Housing and Urban …
PROPERTY
China’s ‘too small’ property rescue leaves market wanting more
HONG KONG — China’s latest attempt to rescue its property market by buying up unsold homes and cutting mortgage rates has yet to revive confidence, while a slew of developers continue to grapple with …
China’s big housing correction is not over
The decline in housing sales and construction activities is sharp. On a rolling 12-month basis, China’s new home sales have fallen to 850mn square metres, or roughly 8.5mn apartment units, according …
China’s Rich Spend Millions on Shanghai Property
A $15 million penthouse was snapped up hours after it went on sale. More than 200 homes priced from nearly $5 million were taken in less than a day. Apartments worth $3.8 million were five…
China’s Rich Spend Millions on Shanghai Property, Bucking Crisis
A $15 million penthouse was snapped up hours after it went on sale. More than 200 homes priced from nearly $5 million were taken in less than a day. Apartments worth $3.8 million were five…
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan
Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could cut risks associated …
China’s property slump is expected to get worse
Two global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. S&P Global Ratings now …
China’s property market sees promising signs as policy package kicks in
By mid-June, the city registered 14,730 existing home deals — surpassing the average monthly level from the previous five months — since May 28, when local favorable property measures kicked in. In …
China property recovery elusive despite relief, say S&P, Fitch; others see bright spots
Beijing’s most ambitious attempt yet to support China’s slumping property market was panned by S&P Global and Fitch Ratings, as the two agencies predict more downside for the crisis-hit sector, in …
Opinion | Inside China’s Troubled Real Estate Market
I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality?
Opinion | Inside China’s Troubled Real Estate Market
I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality?
