Sen. Marco Rubio says many U.S. companies are more concerned with their bottom line in dealing with China than with the national interest.
Tagged By property
Today in Capital Matters: China and Sanctions
Yet that is precisely what would happen if there were to be a U.S.-led intensification of trade sanctions against China. This is not least because China is a relatively open economy whose exports …
Central China Shares Slump After 2021 Profit Slid 66%
By Anniek Bao Central China Real Estate Ltd. shares fell in Hong Kong trading on Tuesday after the developer posted a steep drop in 2021 profit due to …
China less likely to back Russia while facing troubles of its own
With its rising debt, shrinking population and market turmoil, China looks increasingly vulnerable. Beijing is likely to think twice before offering generous support to Russia.
LGFV supply continues amid property crisis
The supply of dollar bonds from Chinese local government financing vehicles remains unabated even as the country’s developers wade into deeper financial trouble. Last Friday, three LGFVs raised a …
China property: Audit delays ramp up
While commenting on similar auditor changes at Ronshine China Holdings and Powerlong Real Estate Holdings, Lucror analysts raised doubts over how the new auditors can undertake new work during the …
Hong Kong’s Tycoons Spend Billions on Chinese Property Bargains
Hong Kong’s property tycoons are swooping in on a rare opportunity to cherry-pick prime land and projects in mainland China as their counterparts there battle a credit crisis.
China’s economy faces worst slowdown since pandemic, analysts say
The economy is weighed down by COVID-19 restrictions and property sector slump Shanghai: China’s economy faces its worst downward pressure since the spring of 2020 when it was hit by the first wave of …
‘Red flags’ as some China property developers say they can’t release earnings on time
Investor confidence was boosted in mid-March when China signaled support for Chinese stocks, and indicated that authorities would work toward stability in its struggling real estate sector.
Why Investing in China Keeps Getting Harder
“Our overall view is this year, [the] China market is not an easy bull market,” Bank of America China strategist Winnie Wu said in a sober assessment of the market. “It’s more likely to be…
China Overseas Property (OTCMKTS:CNPPF) Upgraded at The Goldman Sachs Group
China Overseas Property (OTCMKTS:CNPPF – Get Rating) was upgraded by equities research analysts at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to …
Developer Longfor Group posts 20 per cent profit rise for 2021, avoiding debt crisis engulfing China’s property market
The developer said its core profit last year was 22.44 billion yuan (US$3.52 billion), up by a fifth from 2020, as it avoided the debt crises engulfing several of its peers.
China Developers Face Worst Earnings in Decade With Audit Delays
Investors in Chinese developers are bracing for the one of the worst earnings seasons in more than a decade — and even then, they’re unlikely to get the full picture right away.