China’s biggest homebuilder by sales, Country Garden, scooped up $10 million of its own bonds on Monday as the country’s ongoing property crisis sent then sprawling again. Last week was the worst …
Tagged By property
China property developer dollar bonds slump
Dollar bonds of Chinese property developers including including Central China Real Estate, Yuzhou Group Holdings, KWG Group Holdings and Jingrui Holdings fell sharply on Monday, slumping as much as 20 …
China’s GDP growth slows amid zero-Omicron approach, property woes hit demand
Chinese State media reported on Sunday, Beijing will require travellers to get a COVID-19 test within 72 hours of arrival in the Chinese capital, a day after the city reported its first Omicron case …
China posts 8.1% growth for 2021 but a property downturn and its zero-COVID policy could add pressure
Year-on-year growth towards the end of the year was much slower than the breakneck pace seen at the start of 2021 and forecasters fear a property sector downturn and strict approach to coronavirus …
China’s 2021 property investment rises 4.4% y/y
BEIJING: China’s property investment rose 4.4% in 2021 from a year earlier, slowing from a 6.0% gain seen in the first 11 months of the year, official data showed on Monday. Property sales by floor…
China’s Home Market Slump Persists on All Fronts, Hurting Growth
China’s property market slump persisted in December, contributing to an economic slowdown that spurred policy makers to cut a key interest rate.
Property crisis hits China’s largest builder Country Garden
Country Garden is one of the few remaining large, better-quality private developers that had been largely unscathed by the liquidity crunch in China’s property market.
Xi Reshapes China Property Market Paving Way for State Dominance
For any government, overhauling a nationwide residential real estate market would be risky under the best of circumstances. Chinese President Xi Jinping is attempting it at a time when the economy is …
China Stocks Drop to Five-Month Low on Property Rout, Virus Woes
China’s stock benchmark slid to its lowest in more than five months as a selloff in the nation’s property sector and concerns over a broadening omicron spread soured investor sentiment.
China’s R&F Properties Hong Kong Arm Put in ‘Selective’ Default by S&P
Chinese developer Guangzhou R&F Properties, which has a number of super-sized projects in global cities such as London, saw its Hong Kong offshoot declared in “selective default” on Thursday after it …
China Stocks Slide to Two-Month Low on Property Rout, Virus Woes
Chinese stocks dropped Thursday as a selloff in property names and concerns over a broadening omicron spread soured investor sentiment.
China Banks Curb Property Loans to Local Government Firms
Several of China’s largest banks have become more selective about funding real estate projects by local government financing vehicles, concerned that some are taking on too much risk after they …
Sunac China Skids After Share Placement Plans
By Clarence Leong Sunac China Holdings Ltd. fell sharply Thursday as it sought to raise funds via a discounted share placement amid investor concerns …
