Authorities in Shenzhen, China’s technology hub, are reducing the down payment required from people buying a second home, joining a fray of big cities paring back restrictions in a bid to revive the …
PROPERTY
China property distress drives up Asian junk bond default rates amid economic headwinds, liquidity challenges: Morningstar
Asian bonds with credit ratings near distressed territory have grown as a proportion of the regional high-yield universe since mid-2021, according to a Morningstar report, primarily on account of …
China Drafts List of 50 Property Firms Eligible for Funding
Chinese regulators are drafting a list of 50 developers eligible for a range of financing, according to people familiar with the matter, the nation’s latest effort to put a floor under the property …
China property crisis: developers in Shanghai offer sweeteners such as deferred down payments, free parking spaces to boost flagging sales
Developers are offering sweeteners such as delayed down payments, discounts and free parking spaces to home buyers in Shanghai in an attempt to spur demand in the face of slumping sales.
China Property’s Slump Further Reduces Growth Prospects
The China property market is grappling with unresolved debts and anemic sales. How is going to affect China’s economy. Click here to find out.
If Biden doesn’t stand up to China, intellectual property will continue to be stolen: Joe Concha
Panelists Joe Concha and Mark Simone provide insight on U.S. national security on ‘Kudlow.’
Real estate made China rich. Now it’s looking more like kryptonite.
Chinese house prices dropped the most in eight years last month, in a sign a key engine for the world’s second-largest economy is still sputtering.
Asian stocks fall as China’s property pains weigh on sentiment
Asian stocks fell on Thursday pausing the heavy gains made this week, as fresh Chinese data showed prolonged weakness in the property sector and dented some of the recent optimism about a recovery in …
China property: Moody’s downgrades Longfor’s credit rating to below investment grade
Home sales at the country’s top 100 developers slumped by 27.5 per cent year on year in October to 406.7 billion yuan (US$56 billion), according to data compiled by the China Real Estate Index System.…
No end in sight to China’s property crisis as new home prices post sharpest decline since February 2015
Home prices in major Chinese cities fell for the fourth straight month in October, recording the steepest drop in nearly nine years amid slumping demand.
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may push the government to do more to shore up the struggling housing market.Investment in property development fell…
China’s economic recovery uneven in October as property downturn continues, but retail sales rise
China’s mixed economic data in October pointed to an uneven and precarious recovery, with Beijing needing to scale up its basket of supportive policies in the face of persistent headwinds in the property market,
China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
ADVERTISEMENT
