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 …
Tagged By property
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 …
Chinese real estate debt Evergrande urges caution over delay in audit
The indebted Chinese real estate giant Evergrande on Tuesday warned investors to be cautious, after announcing that it will delay the presentation of the results of its 2021 audit, a day after …
China’s stricken housing market needs a bazooka, not a slingshot, of regulatory easing to recover
While stocks responded strongly to a flurry of assurances by Beijing, the pledges are still vague and need to be backed up by concrete measures There are still no clear signs that regulators are …
China’s real estate sector isn’t out of the woods yet, says economist
Alicia Garcia-Herrero of Natixis says it might not be enough for China to “pause” property taxes, and banks need to lend to struggling real estate developers.
Commentary: Is there a housing bubble in China’s real estate sector?
Managing China’s real estate market involves a precarious balancing act. Getting it wrong could be costly, says a Chinese economist.
Ping An posts 29% profit drop on China property woes
Ping An said its net profit fell 29% to 101.6 billion yuan ($16 billion) in 2021, down from 143.1 billion yuan the previous year.
China’s Hainan cyberspace regulator summons some property firms over suspected fake advertisements
China’s Hainan government agencies have summoned two property firms, including Hong Kong-listed Agile Group, and have warned some real estate service websites over suspected fake advertisements.Firms …
Ping An posts 29per cent profit drop on China property woes, but sees losses easing
Group Co of China Ltd
What Doomed China’s Much-Anticipated Property Market Reform Plan?
Once again, China’s government failed to approve a property tax law, seen as a key part of reforming the real estate sector.
China property developer Yango defaults on $94.6 mln onshore bond – underwriter
Chinese property developer Yango Group Co Ltd 000671.SZ has defaulted on a 600 million yuan ($94.62 million) onshore bond after it failed to meet a …
Conditions not right for China to expand property tax trial this year – Xinhua
The conditions are not right for China to expand a property tax trial this year, state-run Xinhua news agency quoted the finance ministry as saying on Wednesday, suggesting authorities are treading …
