More Chinese real estate developers are selling shares to shore up finances that have been hurt by an unprecedented housing slump.
PROPERTY
Two Chinese property developers to raise funds via discounted share sales
CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such capital raising since …
China’s weekly new home sales rise slowly – private survey
New-home sales in 16 Chinese cities rose at a slower pace last week, held back by falling transactions in the biggest cities and by surging COVID-19 cases, despite government support policies and the …
Hong Kong stocks surrender gain as Covid cases cloud China reopening efforts, growth impetus
Hong Kong stocks erased gains as China struggles to contain a new wave of Covid-19 infections, marring Beijing’s attempts to refocus on shoring up the nation’s economic growth with stronger policy …
China Hints at Pro-Business Policies, Smaller Fiscal Boost
China’s top leaders said they will focus on boosting the economy next year, hinting at business-friendly policies, further support for the property market while likely scaling back fiscal stimulus.Mos …
China property: junk-bond party has begun as December rush delivers windfall, leaves Nomura, Goldman at risk of missing the boat
As Beijing backstops further cracks in the housing market, global fund managers have scored huge gains in the past two months, leaving more cautious analysts at Nomura and Goldman at risk of missing …
China Hints at More Property Support as Economy Takes Priority
China’s government hinted at further support for the real estate sector, with a top policy maker describing it as a “pillar” of the world’s second-largest economy.
China’s economic tsar ‘highly confident’ of recovery in 2023, mulls property-sector support
China will see an economic recovery next year and is mulling new measures to support the beleaguered real estate market, Vice-Premier Liu He said on Thursday.
Iron Ore Retreats for Second Day on Concern About China Property
Iron ore fell for a second day as optimism driven by the easing of strict virus curbs in China was offset by concern about the near-term outlook for the nation’s housing market, a key source…
Expect lower risk in China’s property market soon, says asset management firm
Simon Yuen of Surich Asset Management discusses changes to China’s zero-Covid policy and the outlook for markets.
China Property Tycoon Zhang Li Arrested on US Bribery Charge
The co-founder of Chinese property developer Guangzhou R&F Properties Co. Ltd., Zhang Li, is wanted in the US over allegations he provided kickbacks to secure contracts in California.
China Property Stress Is Far From Over Despite Gains: In Charts
China’s property stocks are starting to enjoy the country’s reopening rally. But a closer look at the nation’s home sales data provide a reality check that the recovery will likely be a slow process.
China’s property policy ‘arrows’ set to rescue developers, but with buyers’ faith shaken, will boom times return soon?
The policy ‘arrows’ Beijing fired in November will aid developers, but observers differ on the timing and magnitude of a rebound for the US$2.55 trillion market Faith in price appreciation has been …