China’s home sales extended their slump in August even as prices declined and the country’s two biggest cities rolled out additional stimulus measures.
Tagged By property
China’s Evergrande had a spectacular rise. Its collapse is just as stunning.
Evergrande was the symbol of the excess of China’s property market. On Monday, its shares were delisted from Hong Kong’s stock exchange, leaving creditors in limbo.
CR Land, Sunac post better interim results as China’s property shows signs of recovery
China Resources Land’s interim profit rose 16.2 per cent to 11.9 billion yuan, while Sunac’s loss narrowed by 14.4 per cent.
Evergrande: China’s indebted, delisted property behemoth
When traders kicked off another week of action at the Hong Kong Stock Exchange, data on the shares of one previously high-soaring firm was nowhere to be seen. A committee at the Hong Kong stock…
Beyond Evergrande: China’s property giant has vanished its big crisis hasn’t
The delisting of Evergrande closes the book on China’s most indebted developer, but the country’s wider property crisis continues to weigh heavily on its economy and consumers …
5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.
Chinese property giant Evergrande delisted after spectacular fall
Chinese property giant Evergrande’s shares will be taken off the Hong Kong stock market on Monday after more than a decade and a half of trading.
China’s Property Investment Drops 12% in First Seven Months
This chart shows the year-on-year change in China’s real estate development investment (in percent).
China’s central bank official highlights role of movable property financing
BEIJING — Zou Lan, deputy governor of the People’s Bank of China (PBOC), the central bank, highlighted the important role of movable property financing in an article made public on Monday.
China’s Latest Data Sound Alarm for Xi on Consumer Fragility
Five years after China began a push to rein in the nation’s debt-addicted real-estate developers, its property market has yet to find the bottom.
China Mulls Asking Firms Run by Central Government to Buy Homes
China is preparing to mobilize companies owned by the central government in Beijing to purchase unsold homes from distressed property developers, following the limited success of a previous initiative …
China’s July Activity Data Slump Shows Additional Stimulus Needed
New home prices slid by -0.31% month on month, a little steeper than the -0.27% MoM decline in June, for a fourth consecutive month of steep declines. Used home prices fell -0.55% MoM, a slightly…
China’s new home prices fall again but declines ease in major cities
China’s new home prices fell again in July, dropping 0.3% on month, but declines eased slightly in major cities as more local governments rolled out incentives for homebuyers, though further support is still needed.
