It could take China more than a decade to sell the 6 million square meters of homes it has under construction, one economist estimated.
PROPERTY
KE Holdings: Real-Time Proxy Of China’s Property Market
Any signs of recovery in China’s housing market may show up in property equities like KE Holdings first. Find out my recommendation on BEKE stock.
China’s home developers suffer further sales skid to end miserable 2023, as 2024 offers slim hope amid depressed demand
A downward trend in home sales accelerated in December as discounts and easing measures failed to spark demand.
China Is Trying to Fix Its Property Market. The Outlook Isn’t Bright.
New home prices in China’s 70 big cities fell for a sixth month and values in the secondary market declined the most in nine years. Policy makers are trying out a wide range of measures…
China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market
A growing number of ordinary homebuyers looking to occupy their house rather than invest are looking at properties that have been repossessed by banks as a supply surge brings prices even lower.
Real Estate Stress Is Brewing in Asian Markets Other Than China
Surging interest rates and regulatory scrutiny are causing distress for builders and creditors in Asian economies from South Korea to Vietnam, highlighting the breadth of housing woes in a region …
China’s Residential Property Sector Filled With Livid Buyers of Unfinished Units
With some 20 million unfinished pre-sold homes throughout China, the government is cracking down on protesting owners as developers declare bankruptcy …
Global X MSCI China Real Estate ETF declares semi-annual distribution of $0.2705
Payable Jan 08; for shareholders of record Dec 29; ex-div Dec 28. More on Global X Funds – Global X MSCI China Real Estate ETF China mulls unsecured working capital loans for property developers -…
Funds bet on recovery in Asian junk-rated credits as defaults peak while China’s property bonds struggle to end rout
Some funds that invest in the asset class have narrowed their losses after two years of beating as debt defaults dwindle Recent forbearance for workouts involving Dalian Wanda, China South City offers …
Iron ore prices up as Chinese property market predictions improve
But the rally in iron ore prices seems driven more by speculation than reality, says University of Houston’s Craig Pirrong …
China imposes travel ban and asset freeze on US research company over claims of human rights abuses
China has imposed a ban on a Los Angeles-based research and data analytics firm that includes travel restrictions and the freezing of assets, officials announced.
U.S. companies should look past politics and focus on selling their products in China
China has impressive capabilities in critical industries such as solar panels and wind power, batteries, rare earth minerals, lithium and EVs. Meanwhile, the West is struggling to …
How China can make an omelette out of housing eggs it has broken
It’s becomingly clear that the Chinese government may have to take over many of the flats that private developers cannot complete Turning private homes into affordable public housing could be a way to …