The developer said its Hong Kong-listed shares could resume trading after almost a year of suspension prompted by its failure to publish 2021 accounts Kaisa has said it is working on a restructuring …
PROPERTY
China’s property sector turmoil to weigh on future growth -IMF chief economist
China’s troubled property sector will continue to weigh on growth and will not be an engine of growth until there is some “cleaning up” of the market, the International Monetary Fund’s chief economist …
China Property Share Slump as Home Sales Fall During Holiday
Chinese property shares dropped after housing sales fell during the Lunar New Year holidays, underscoring the challenge the country faces in salvaging the real estate sector.
China Junk Dollar Bond Prices Swing From Record Low to Longest Winning Streak
Chinese high-yield dollar bonds are on a record winning streak, as efforts to buttress the ailing property sector and the government scrapping its Covid Zero policy have boosted the country’s economic …
China owns vast network of UK real estate, offshore records reveal
Presence of key distribution centres on list of more than 250 properties raises questions about grip on supply chain links …
Young Chinese say real estate isn’t the nest egg it was once all cracked up to be
China’s older generation invested relatively heavily in property, buying up homes and flats in the hope that they would appreciate greatly over the years, but Generation Z appears to have a different …
Can China fix its property crisis?
Policymakers are also trying to rescue the property sector. After two years of forcing developers to deleverage—which has pushed dozens to default on debts—regulators are now abandoning many of these …
China’s real estate magnate Hui Ka Yan loses 93 per cent of his wealth
Once the second-richest person in Asia, the China Evergrande Group chairman’s fortune is considerably diminished, moreover, Hui is also finding himself increasingly isolated politically, with the …
The real estate bubble bursts due to Xi Jinping’s misadventure… The next target for wealthy Chinese is “Karuizawa and Atami” after the city center condominiums.
China’s real estate bubble is bursting, and Japan is being affected…! The culprit is President Xi Jinping. The super-rich, who have too much to hold onto in China, are already on the move…!
A Recovery in China’s Property Market? Not So Fast.
China is trying to diffuse risks in it property sector with a variety of stimulus measures but volatility will continue.
China’s Property Bust Compounds Economic Pain
HONG KONG—China’s housing market flipped from being a growth driver … By floor area, they dropped to their lowest level in nearly a decade, after a wave of real-estate developer debt defaults, …
Davos Latest: China Sees Economy Steadying Amid Property Risks
China Vice Premier Liu He joined the chorus of cautious optimism from the global elite in Davos by projecting that the world’s second-largest economy will normalize as Covid restrictions ease.
China property sector’s drag on economic growth in 2023 lower than 2022
The Chinese property sector’s drag on economic growth will be significantly lower than 2022, and demand for genuine and improved housing is huge, which will effectively support the industry, Kang Yi, …
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