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 …
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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.
A marketer’s guide to overseas property for Chinese high-net-worth individuals
In the last 10 years, investment in western assets and property has been steadily growing among Chinese consumers – particularly high-net-worth individuals (HNWIs). Emerging Communications has …
China’s Harbin Eases Real Estate Policies as Housing Price Falls for Seven Months in a Row
Harbin has further loosened the constraints on the real estate market after the housing price in the capital city of northeastern China’s Heilongjiang province dropped for the seventh consecutive …
China Overseas Property Shares Jump After 2021 Earnings Beat
By Yongchang Chin China Overseas Property Holdings Ltd. shares rose 12% Thursday after news its 2021 profit beat expectations. The property …
Property developer Sunac China to extend payment for $633 mln bond -source
Property developer Sunac China 1918.HK is planning to extend payment on a 4 billion yuan ($627.85 million) onshore puttable bond due April 1 CN1633 …
China’s Ailing Developers Delay Results as Audits Drag
Investors will have to wait to see the full damage in China’s property sector, with developers including Evergrande and Kaisa saying they will miss Hong Kong’s March 31 deadline for publishing audited …
China Overseas Grand Oceans: 2021 Contracted Property Sales CNY71.20B, Up 10% on Year
By Anniek Bao China Overseas Grand Oceans Group Ltd.’s net profit rose 15% in 2021 as property sales in China and overall revenue grew. The …
Kaisa becomes latest China developer to delay earnings results; shares slide
“at-above-post addthis_tool” data-url=” KONG (Reuters) -Cash-strapped Kaisa Group Holdings Ltd has joined a growing list of Chinese property developers unable to publish 2021 audited earnings by March …
China Evergrande to announce restructuring proposal by end-July
China Evergrande Group will announce a debt restructuring proposal by the end of July, the embattled property developer told investors on a call on Tuesday. Earlier, Evergrande said in a stock …
China Evergrande to resolve $511 million trust loan with state help -sources
“at-above-post addthis_tool” data-url=” Shuyan Wang and Clare Jim BEIJING/HONG KONG (Reuters) -China Evergrande Group plans to return land set aside for collateral for a trust loan from CITIC Trust Co …
China New Town returns for $200m
An up to $200m bullet loan for China New Town Development Company has been opened into syndication. China Construction Bank is the sole managed lead arranger and bookrunner. The loan has a tenor of …
