All 158 units in the project in Dongjiadu, Huangpu district, were sold, fetching the developer US$825.8 million.
PROPERTY
China property: Sunac’s One Sino Park project in Shanghai sells out in 3 hours
All 158 units in the project in Dongjiadu, Huangpu district, were sold, fetching the developer US$825.8 million.
China’s GenZers Are Into Stocks. They Are So Over the Housing Crisis.
China’s biggest stimulus package since the 2008 housing crisis has caused a dramatic upswing in stocks—and much of that is being fueled by young, headlong retail investors who see their prior …
State alien land laws drive some China-born US citizens to rethink their politics
Diana Xue has always followed the politics of her husband, friends and neighbors in Orlando, Florida, and voted Republican. This Election Day, she’ll break that pattern. When Florida’s GOP-dominated …
China property developer Jiayuan to be delisted on Oct 29
Chinese property developer Jiayuan International said the Hong Kong stock exchange has decided its shares will be delisted on Oct. 29 after the company did not meet guidelines for the shares to resume …
AkzoNobel misses Q3 forecasts as China’s real estate slowdown drags paint sales
By Anna Peverieri and Dimitri Rhodes (Reuters) -Dulux paints maker AkzoNobel missed expectations for third-quarter revenue and earnings on Wednesday, as China’s weak real estate market weighs on the sales of its decorative paints.
China’s Latest Round of Property Stimulus Fails to Inspire Markets
Chinese policymakers rolled out fresh stimulus aimed at boosting the country’s sluggish property sector, though the measures fell short of hopes for more specific liquidity support.
China’s property investment falls 10.1% y/y in Jan-Sept
Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
China’s property investment falls 10.1% y/y in Jan-Sept
Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China property market is going to be a problem for next 10 years or so, economist says
Freya Beamish, chief economist at TS Lombard, discusses China markets after a briefing from the country’s housing ministry disappointed investors, pulling Hong Kong-listed property stocks lower.
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry.
