The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central bank cut the loan prime rate.
Tagged By property
China owns 300,000 acres of land in the U.S. Here’s where
Chinese companies and individuals own farmland across America. But lawmakers in Washington are pushing to block any purchases that could be connected to the Chinese Communist Party.
Two more China property developers fail to meet bond repayment obligations, seek advice on resolving defaults
Central China Real Estate and Leading Holdings Group became the latest to default on their debt repayments as China’s property sector’s litany of woes continues with Beijing disappointing expectations …
China’s Property Market Remains Cold Despite Mortgage Rate Cuts
(Yicai Global) June 26 — The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central …
Central China Real Estate’s Shares Jump After Developer Halts Offshore Debt Payments
By Bingyan Wang Central China Real Estate’s shares jumped in Hong Kong trade on Monday morning after the developer said it would halt offshore debt …
Chinese Builder Halts All Offshore Debt Payment on Property Market Weakness
A Hong Kong-listed Chinese real estate developer said it will suspend all offshore debt payments, citing weakness in the country’s property market, deteriorating sales and constrained liquidity.
GaoTeng’s Chu on China Property, Strategy
Wonnie Chu, managing director for fixed income at GaoTeng Global Asset Management, discusses China’s property market, stimulus outlook and bond strategies. She speaks on “Bloomberg Markets: Asia.” …
Analysis: Investors shelve China assets before bigger stimulus
Investors are waiting for a big burst of stimulus from China before they make more aggressive bets on a recovery, having spent the past few months disappointed by economic data and a lack of …
China mute witness to foreign investors buying property on its mainland: Report
China is a mute witness to foreign investors buying property on its mainland as the country faces foreclosure of properties because of thousands of defaults by developers on account of a government …
China’s economic recovery is spluttering. The prognosis is not good
Many businesses in China use property as collateral for their borrowing, so it is likely to have cooled private investment, too. Property bubbles rarely end well. America’s last housing blow-up set …
China’s lowered lending rates signal strengthened policy support for growth
The latest decline in China’s benchmark lending rates — the first drop in 10 months — has signaled the approach of stepped-up policies to bolster economic recovery as analysts voice confidence in …
Florida Really Just Banned Chinese Immigrants from Owning Property. We’re Suing
Unless the courts act, Florida’s discriminatory land law will go into effect July 1, write Patrick Toomey and Clay Zhu.
China’s Luxury Home Sales Soar in First Five Months, But Fail to Lift Property Market
Sales of high-end homes priced between CNY10 million (USD1.4 million) and CNY30 million surged 45 percent in the five months ended May 31 from a year ago, according to statistics from real estate …
