Duncan Wrigley, chief strategist at Everbright Securities, talks about China’s growth rate and says electric vehicles and the energy sector have strong prospects.
Tagged By property
China begins probes into four current and former SOE property bosses
Reuters could not immediately reach the four men for comment. The news comes as China grapples with a property crisis that has been a drag on its economy for the past year. C&D International …
China begins probes into four current and former SOE property bosses
Reuters could not immediately reach the four men for comment. The news comes as China grapples with a property crisis that has been a drag on its economy for the past year. C&D International …
China property crisis: why the housing market is collapsing – and the risks to the wider economy
China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-COVID policy and address a growing property crisis. The …
China’s property market is in freefall. What does this mean for the world economy?
The sector is dangerously overheated – but unlike the 2008 financial crisis, the global ripple effect is likely to be limited, says professor of economics Keyu Jin …
The crisis brewing in China is likely to affect everyone
The unravelling of its real estate sector after decades of debt fuelled growth may have major knock-on effects …
Chinese Property Developers Rise After PBOC Signals Support
Shares of several Chinese property developers rose in Hong Kong morning trade Monday, following their latest profit guidance for the first six months, with rate cuts by the People’s Bank of China also …
Fears for China’s property market as Country Garden sees profits fall
Country Garden, which is China’s largest real estate firm, reported its half-year profit had fallen to between £550m and £612m from £1.9bn a year earlier.
China’s largest property group Country Garden warns of 70% plunge in profit
Earnings at Chinese property developer Country Garden fell as much as 70 per cent in the first half of the year, as the country’s largest real estate group by sales was drawn into a crisis…
China’s largest property group warns of 70% plunge in profit
Earnings at Chinese property developer Country Garden fell as much as 70 per cent in the first half of the year, as the country’s largest real estate group by sales was drawn into a crisis…
China’s first publicly traded rental property REITs snapped up by investors
China’s first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen by yield-hungry investors this week, opening up a new financing …
Chinese Property Giant Country Garden Warns of Profit Slump
Chinese property developer Country Garden Holdings Company Ltd (HK:2007) said on Thursday that its profit for the first half of 2022 is expected to drop substantially amid a severe real estate …
Shaky scaffolding: Why is China’s real estate sector facing a crisis?
Big property developers in China, like Evergrande, are facing a massive shortfall of money, dragging down the sector along with the home demand and prices …
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