Chinese state-backed developers are starting to buy land at a premium again after the government eased limits on home prices to revive a slumping market that’s been a drag on the economy for more than…
PROPERTY
New World Development flags up to $875 million interim loss amid China’s property woes
(Reuters) -Hong Kong-based property developer New World Development said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the first half of fiscal 2025 on lower …
Analysis-China’s key property rescue tools are too hard to use to make an impact
Key tools China introduced last year to stabilise the property market are making very little impact, pressuring Beijing to find new solutions for the crisis-hit sector, which analysts say must involve …
China’s middle class feels the squeeze as property slump hits pocketbooks
China’s per-capita property income grew at its lowest rate for over a decade in 2024, trimming disposable incomes and limiting consumption.
China’s Real Estate Bust Leads Other Countries
China’s stimulus boom helped inflate global demand and real estate prices after the 2008 recession, but mean reversion has been in motion since 2020 and counting. Click to read.
China Market Update: Apple Taps Alibaba For AI, Real Estate Developers Surge
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
PBOC’s mortgage rate cut is one of two measures that could ‘really save’ China’s real estate: UOB Kay Hian
Qi Wang, CIO, wealth management at UOB Kay Hian, discusses “two concerns” he has about the Chinese market and the recent slate of measures from the People’s Bank of China.
Why China Can’t Sort Out Its Property Market Mess
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with no signs of abating. Real estate values continue to plummet, households in …
China Vanke gets $383 million loan from state shareholder
Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping up efforts to stabilise …
Real Estate: China’s loss is India’s gain as CapitaLand shifts gears
The Singaporean real estate investor plans to quickly establish a wider presence in India—going well beyond building office parks—to ride the growth prospects of the country’s economy. But that’s not …
Analysts expect China property market recovery in 2025 after seeing improvement in January
New home prices in China’s top-tier cities rose 0.36 per cent in January from a month earlier Analysts believe a broad recovery in China’s property market would come this year, after new home prices …
More tweaks ahead for property policy
“To resolve real estate market risks, it is necessary to gradually shift from simply safeguarding housing project deliveries to fully supporting qualified enterprises,” said Zhang Ming, deputy …
China strikes back at Trump’s tariffs with levies on U.S. imports
The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.