China is a mute witness to foreign investors buying property on its mainland as the country faces foreclosure of properties because of thousands of defaults by developers on account of a government …
PROPERTY
China’s economic recovery is spluttering. The prognosis is not good
Many businesses in China use property as collateral for their borrowing, so it is likely to have cooled private investment, too. Property bubbles rarely end well. America’s last housing blow-up set …
China’s lowered lending rates signal strengthened policy support for growth
The latest decline in China’s benchmark lending rates — the first drop in 10 months — has signaled the approach of stepped-up policies to bolster economic recovery as analysts voice confidence in …
Florida Really Just Banned Chinese Immigrants from Owning Property. We’re Suing
Unless the courts act, Florida’s discriminatory land law will go into effect July 1, write Patrick Toomey and Clay Zhu.
China’s Luxury Home Sales Soar in First Five Months, But Fail to Lift Property Market
Sales of high-end homes priced between CNY10 million (USD1.4 million) and CNY30 million surged 45 percent in the five months ended May 31 from a year ago, according to statistics from real estate …
China cuts lending benchmarks to revive slowing demand
China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities seek to shore up a slowing economic recovery, although concerns about the property market meant the easing was…
Asia Shares Fall on China’s Modest Rate Cut
Stocks in Asia fell on Tuesday as investors worried China’s latest rate cut was not enough to boost confidence in the weakening economy and awaited a wider stimulus package by Beijing. China, in a highly…
Hong Kong, Shanghai Lead Asia Losses As China Rate Cut Falls Flat
Stocks in Hong Kong and Shanghai led losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China’s central bank added to worries about the lack of action to kickstart the…
Does Chinese developers turning to offshore bonds for financing signal recovery for the battered property sector?
Chinese developers returned to the offshore market last month, but overall bond issuance for the year is down, and near-term recovery for the sector is unlikely, analysts say.
China Approves First Share Sale by Developer Since Ban Lifted
China’s securities watchdog approved an onshore share sale by a real estate developer for the first time since rules were eased late last year, raising hopes for the revival of a major fundraising …
Nam Tai Property: Stock Rallies On Important Progress In China
Summary Discussing recent progress on the litigation front with the company having lawfully obtained the company’s corporate seals (also known as chops).The company has started the process of …
China Property Tycoon Zhang Li Agrees to US Extradition
The co-founder of Chinese property developer Guangzhou R&F Properties Co. Ltd. agreed to be extradited from London to the US to face criminal allegations of paying bribes to secure contracts in …
Chinese investors will be back once the country’s property and debt problems are resolved, Mark Mobius says
“It’s not foreign investors who drive the Chinese market. It’s the Chinese investors,” Mark Mobius told Bloomberg TV.