Chinese new home sales by floor area fell 37.7% year-on-year over the week-long National Day holiday starting from Oct. 1, a private survey showed on Saturday, as tough COVID-19 curbs further dented …
Tagged By property
An ETF to Play If a Real Estate Rebound in China Is Underway
Conventional thinking is that the real estate property development crisis in China can only get better after last year’s precipitous drop. As such, a rebound can be a possible play, especially if …
China property shares rally on policy support
Shares in Chinese property companies jumped on Monday following a series of supportive policy announcements, as regulators stepped up efforts to curb property sector turmoil weighing on the world’s …
China Property Stocks, Bonds Rally After Report of $85 Billion Lifeline
Optimism that the worst of China’s property slump is over boosted markets after Bloomberg reported that regulators told the biggest state-owned banks to provide financing worth at least $85 billion to …
China property stocks, bonds rally post report of $85 bn support from banks
CIFI Holdings Group Co., KWG Group Holdings Ltd. and Agile Group Holdings Ltd. were the top gainers in Hong Kong, up more than 10% each.
China property woes trigger decline in global cement output
The biggest fall in Chinese cement production in at least two decades has dragged global output of the construction material into decline, demonstrating how a crisis in the country’s vast property …
China property woes cause decline in global cement output
China’s property crisis, which began with missed bond payments at real estate developer Evergrande a year ago and has since spread across the heavily-indebted sector, is weighing heavily on economic …
China moves to revive housing sector
Chinese local governments may relax the floor on mortgage rates for first-time home buyers in some cities in phases, the central bank said on Thursday, in a bid to prop up property prices and revive…
‘She got an abortion, broke up with me’: The human suffering behind China’s property crisis
Millions of Chinese are in limbo as cash-strapped developers halt construction. Some of them may have already been touched by tragedy. The programme Insight uncovers their stories.
Longview Global’s Dewardric McNeal breaks down China’s real estate woes
Dewardic McNeal, Longview Global managing director, joins ‘The Exchange’ to discuss China’s real estate market and the problems its seeing now.
China Tells Banks to Provide $85 Billion in Property Funding
China’s financial regulators told the nation’s biggest state-owned banks to extend at least 600 billion yuan ($85 billion) of net financing to the embattled property sector in the final four months of …
Legendary short-seller Jim Chanos says investors are overlooking a major risk – China’s real-estate crisis. “We ignore it at our own peril.”
Investors focused on war in Ukraine and interest rate hikes are missing a big story — the risks in China’s real-estate crisis, Jim Chanos told CNBC.
China Vows to Speed Up Delayed Homes With Special Loans
China’s central bank vowed to expand a special lending program if it’s needed to ensure the delivery of delayed housing projects, and called on banks to provide financing support for this effort.