China’s real estate loans increased 8.4 percent year-on-year as of the end of November. Over 90 percent of home mortgage loans were first-time home buyer loans, the China Banking and Insurance …
Tagged By property
China may delay its much-feared property tax amid price slump in nation’s real estate industry
China has talked about a nationwide property tax for over a decade, making renewing the push in October in pursuit of the nation’s common prosperity drive, but nothing has happened so far.
As China ramps up environmental efforts, property developers face more scrutiny, says fund manager
China’s property developers could come under greater scrutiny for flouting environmental laws, as Beijing steps up efforts to reinforce rules, says one fund manager.
Kerry Properties Pays $2.1 Billion For China Land Rights As Healthy Developers Keep Buying
It’s not only in China that industry woes are being felt. Struggling Beijing-headquartered China Oceanwide Holdings last month said it reached an agreement to sell off $23 million of property in (the …
China’s property sector has much room for growth as urbanization continues, says investment firm
Teresa Kong of Matthews Asia discusses the Evergrande crisis and the long-term opportunities in China’s real estate sector.
Chinese Developers Had Annual Drop in Property Sales Last Year
The value of new homes sold by China’s largest real estate companies fell annually for the first time since at least 2016 and declined further in December, suggesting a weak property sector continues …
Fitch Event on China Property Outlook: What’s Next After Evergrande?
The fast pace of urbanization in China was the catalyst for the boom for the China property market in the last two decades, with properties in Chinese cities considered as necessities. Nevertheless, …
Top Property Firms Suffer Drop in 2021 Sales: Evergrande Update
The 100 biggest companies in China’s debt-ridden property industry suffered a drop in sales last year as they face mounting bills to pay in January and shrinking options to raise necessary funds.
China Evergrande gets building demolition order; share trading halted
Cash-strapped property developer China Evergrande Group said on Monday it had been ordered to demolish 39 under-construction residential buildings on the resort island of Hainan, as its shares were …
China Overseas Property (OTCMKTS:CNPPF) Rating Increased to Buy at Citigroup
China Overseas Property (OTCMKTS:CNPPF) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Friday, The Fly reports. Separately, …
China property crisis: if last year was bad for the likes of Evergrande, Kaisa and Fantasia, just wait for 2022 as more pain predicted for investors
The outlook for China’s developers appears bleak amid looming debt maturities, falling home sales and uncertainty over the proposed property tax Home sales are likely to drop between 5 and 10 per cent …
China shares close higher led by property stocks; annual turnover hits record peak
SHANGHAI: China stocks closed higher on Friday, led by property developers and new energy shares, after the securities regulator’s chairman said the country would stabilise and re …
China Land Sales Remain Sluggish Even as Bidding Rules Eased
China’s cash-strapped developers have become reluctant to acquire land even as some local governments relax bidding rules, adding to signs of their liquidity crunch and threatening to deepen the …
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