Risks to the stability of China's financial system are rising on continued sluggishness in its property sector and an economic slowdown, making smaller banks more vulnerable, rating agency Moody's ...
China’s property woes fuel risks to its financial system – Moody’s
BEIJING (Reuters) - Risks to the stability of China's financial system are rising on continued sluggishness in its property sector and an economic slowdown, making smaller banks more vulnerable, ...
China’s Property Sales Remain Slack in November
China’s real estate sales in November stayed flat with the previous two months, showing little signs of recovery despite a slew of new measures introduced by the government that month to support the ...
China property bailouts leave most out in the cold
President Xi Jinping is wrapping up his massive property stress test, but it looks like few have passed. On Monday Beijing announced homebuilders can use equity financing again, lifting a ban in place ...
China property stocks surge on fundraising support; COVID protests cloud demand
Chinese property developers' shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the latest support measure for a cash-squeezed sector that has ...
China Markets Rally on Reopening Bets, More Property Measures
November looks set to mark a watershed moment for Chinese assets, as visible policy shifts away from Covid Zero triggered massive gains.
China Markets Rebound as Protest, Property Jitters Ease
Chinese assets rallied amid speculation that the government will further relax its Covid Zero policy after weekend protests, with new property measures also buoying sentiment.
Asia Shares Take Comfort in China Property Rally
Asian shares edged higher on Tuesday as Beijing's latest move to support developers boosted the property sector, though it was still not clear what new damage public unrest over China's zero-COVID ...
China Property Shares Surge on Opening up of Equity Financing Option
Shares of Country Garden jumped 13.4%, while Longfor, Agile and China Vanke added 7% to 10%. The China Securities Regulatory Commission (CSRC) said late on Monday it would broaden equity financing ...
Factbox-Regulatory measures to support China’s property sector
China's central bank will offer cheap loans to financial companies to buy bonds issued by property developers, the strongest policy support yet for the crisis-hit sector, Reuters reported. China has ...
Real estate firm Evergrande sells land for USD 1 billion as debt crisis looms across China
The price of new homes contracted 1.6 per cent year-on-year, their sharpest decline since August 2015, analysis of figures from Beijing's National Bureau of Statistics (NBS) showed.
Debt-hit Developer China Evergrande Sells Land For $1 Bn
Embattled property giant China Evergrande has sold land earlier earmarked for its headquarters in the southern tech hub Shenzhen for $1 billion, according to an official document, as it fights for ...
China property: will mortgage rates at 13-year low help Beijing attract buyers back to stagnant market?
Mortgage rates for first homes in 100 cities have fallen to 4.09 per cent from a peak of 5.74 per cent in September 2021, according to data compiled by Beike Research Institute Backed by Beijing's ...