China’s offshore credit market rebounded this week after a key bond regulator expanded a financing support program. But one of the worst routs ever suffered just last month is making many investors …
Tagged By property
China property crisis threatens US$1.6t of local state debt
CHINA’S deepening property crisis is piling pressure on a US$1.6 trillion corner of the country’s onshore bond market, as cities and local administrations step in as white knights to bail out troubled …
Asia’s Former Richest Woman Sees Wealth Demolished By China’s Property Woes
This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. Asia’s former richest woman, Yang Huiyan, has lost over 80% of her once $29.6 billion fortune (at its peak…
China Wealth Creation: New Realities In 2022
China as a market—post the Chinese Communist Party’s 20th National Congress—remains vulnerable to further disruption. Still, the world’s second largest economy is expected to expand by 5% in 2023, and …
UPDATE 1-Shares in Chinese property developers soar on fresh support from Beijing
Shares in Chinese property developers surged on Wednesday after Beijing expanded a financing programme that is expected to support bond issuance in the crisis-ridden sector.
Institutional investors see Japan as a real estate darling but have turned cold on China’s property market
Both Japan and China have kept interest rates relatively low, despite US rate increases, weakening their currencies, although Japan is favoured over China by investors.
China developers’ liquidity remains tight; property sales value continue to weaken
Property developers in China are anticipated to prioritise liquidity preservation above expansion, given the current challenging market situation, according to Moody’s Investors Service. Daniel Zhou, …
October Podcasts: Green metals panic, China property crash, killing inflation and the great energy heist
Below is a summary of the topics we covered on Nucleus Investment Insights this month. See the links for more information. Crash of the Century: The End of Chinese Property Markets have greeted the …
Brookfield gets ready for Shanghai rental project as China’s property distress creates opportunities to pick up discounted assets
Canadian asset manager Brookfield is preparing to launch its Shanghai rental project after picking up assets on the cheap amid China’s property market distress Firm said to have picked up three towers …
China Evergrande says its interests in land in Hong Kong sold for $637 million
China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 million. …
Iron-Ore Prices Buckle as China Property-Market Slump Drags On
Iron-ore prices have slumped to a three-year low as China’s sharp homebuilding slowdown and zero-Covid strategy sap demand for the steelmaking commodity.
China’s Property Crisis Worsens with Covid Zero Policy
Charting, Price Performance, News & Related Contracts.
China’s Last Offshore Property Bond Havens Are Rapidly Crumbling
China’s property debt crisis is entering a new phase as even partially state-backed developers and private-sector giants that had long been considered safer rapidly tumble into distress.
