By Yongchang Chin China Overseas Property Holdings Ltd. shares rose 12% Thursday after news its 2021 profit beat expectations. The property …
Tagged By 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 …
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.
