China Vanke Ltd said on Thursday it had raised $498.2 million by selling 300 million shares at HK$13.05 ($1.66) each, in the first test of investor appetite towards a mainland developer share sale in …
PROPERTY
China’s new home sales surge after 19-month slump as property rescue measures boost demand
Sales among major Chinese developers increased by 15 per cent in February as the country emerged from tough Covid-19 restrictions, and supportive measures lured homebuyers back to the market.
Property developer China Vanke to raise $500 mln via share placement – term sheet
Major Chinese property developer China Vanke is selling 300 million new H-shares at HK$12.93 to HK$13.20 apiece in a placement on Wednesday to raise around $500 million, according to a term sheet seen …
‘China’s Farmland Is in Serious Trouble’
Start a Pro Farmer trial subscription – sign up here. That’s the title of an analysis item by Zongyuan Zoe Liu, a columnist at Foreign Policy and a fellow for international political economy at the…
U.S. House plans series of hearings on growing threat posed by China
Three U.S. House panels will convene Tuesday for hearings to examine the increasing national security threat posed by China amid rising tensions between the world’s two biggest superpowers.
New Home Sales in China Pick Up After a Long Slump
China’s post-Covid reopening and lower mortgage rates helped draw home buyers back to the country’s moribund housing market.
Forget the spy balloon. China-linked hackers collect far more information, report says.
China-linked cyberespionage groups targeted 39 industries on nearly every continent, according to the CrowdStrike cybersecurity company.
POLL-China property price fall to deepen in H1 before rising faster in 2023
New home prices seen down faster in H1 2023 * Property sales expected to fall faster in H1 2023 * New home prices expected to rise faster later in 2023 * Property sales seen down…
China property price fall to deepen in H1 before rising faster in 2023 – Reuters poll
China’s new home prices will see a deepening fall in the first half of the year before rebounding at a faster pace in 2023, according to a Reuters poll, as the scrapping of COVID-19 curbs…
China new home sales rise sharply in February – private survey
China’s new home sales rose sharply in February from a slump in the previous month, buoyed by a rise in demand in small and medium-sized cities after the scrapping of COVID curbs and supportive …
China’s banks raise mortgage age limit to octogenarians, dipping into pensions of elderly buyers to prop up sagging sales
The trend is more about the pressing need to boost housing purchases rather than about demographic trends, Economist Intelligence Unit economist says Extension of mortgage age limits will help reduce …
China Has a Debt Ceiling Problem of Its Own
By leaving local governments with the bulk of the debt, Beijing has failed to account for the fiscal damage done by Covid Zero and the property downturn.
‘Are we in China?’: Alamo property battle with bar owner escalates
Moses Rose’s Hideout bar owner Vince Cantu is seen inside his bar on Thursday, July 7, 2022. He’s created a page to raise funds for a legal fight against the city, which may use eminent…