Three of the top five issuers – Evergrande, Kaisa Group and Sunac China have already defaulted their dollar bonds.
Tagged By property
Chinese Recession Forcing Property Developers To Accept Watermelons As Payment: Report
To make a win-win situation for both property dealers as well as farmers, the former has started taking their agricultural produce as payments for homes.
Chinese real estate developers accepting watermelons as payment: Here’s why
The deep recession in China’s property market has compelled real estate companies to float a bizarre marketing strategy to lure home buyers.
Chinese property developer Shimao misses repayment on $1 billion bond
Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled property market.
Chinese property developer Shimao misses repayment on $1 bln bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market.
China real estate firm misses $1B bond payment
Chinese real estate development company Shimao Group Holdings Ltd. revealed on Sunday that it was not able to repay offshore bonds totaling over $1 billion even though they matured on July 3.
China’s property bottom leaves few standing tall
Few are standing tall in the troubled world of Chinese real estate. China Vanke , the second-largest developer by sales, reckons parts of the housing market are recovering . But weaker rivals are …
Fewer billionaires in mainland China as ultra-wealthy feel pain of Beijing’s tech, property crackdowns, study says
The ranks of the ultra-wealthy in mainland China slipped slightly last year as wealth creation was subdued by Beijing’s crackdowns on the technology and property sectors, according to a study by New …
China Vanke says property market has bottomed
Yu Liang, chairman of China’s No.2 developer, cautioned the recovery will be slow and mild, but his comments helped drive the mainland’s CSI Real Esta..
China’s Property Market Has Bottomed Out, Top Developer Says
China’s real estate market has bottomed out and will recover slowly due to supportive measures from local governments, chairman of the country’s second-largest developer by sales said Tuesday.
Chinese Property Titan Says Housing Market Has Reached Bottom
The worst of China’s record housing slump is finally over, according to the country’s second-largest developer. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next …
China developer Vanke says property market has bottomed
Major homebuilder China Vanke Co 000002.SZ said the property market has bottomed in the short term, with a clear month-on-month rise in sales in Jun …
Junk bond investors stung by China look to India and Southeast Asia
Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten …
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