Recent sharp increases in China property stocks have prompted some developers, including Tahoe Group and Sichuan Languang Development Co, to flag investment risks, citing poor fundamentals.
Tagged By property
Hong Kong Billionaire Joins Winning $2.6 Billion Land Bid In One-Time China Covid Epicenter Wuhan
It’s against that economic backdrop that Shui On Land, led by Hong Kong billionaire Vincent Lo, on Tuesday announced plans for new investment in Wuhan. The real estate developer has won a 17 billion …
Stabilization of China’s property downcycle is investors’ chief concern, says economist
Zhiwei Zhang of Pinpoint Asset Management says China’s policies to intervene in the property sector have been supportive, but it remains to be seen whether they will be effective enough to stabilize …
China, HK stocks rise on property rebound; livestreaming platforms drop
China and Hong Kong equities rose on Tuesday, as real estate stocks extended their rebound amid growing signs of marginal policy easing by Beijing to prevent a hard landing of the sector. SHANGHAI, …
Property Stocks Tumble; China Backs Deals: Evergrande Update
Chinese property stocks tumbled close to a fresh five-year low after a series of asset sales underscored concern that equity investors will bear the brunt of losses as developers offload projects to …
China Boosts Property Support With M&A Funding, Bank Rate Cut
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown.
China relaxes clampdown on property market as offshore corporate bond defaults hit new record
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown. . Read more at straitstimes.com.
China urges real estate project acquisitions to aid struggling developers
SHANGHAI: China is urging large private and state-owned property companies to acquire real estate projects from troubled developers to reduce risks that mounting debt piles will destabilise the …
China Property Stress Scenario Points to Contagion Risk
A stress analysis of Chinese property developers publicly rated by Fitch Ratings has highlighted potential liquidity strain for close to one-third of the portfolio under a severe scenario involving a …
RPT-China’s property distress sours steel sector in warning sign for economy
Debt problems at a major Chinese property developer have now spilled over into a vital artery of the nation’s industrial engine – the steel sector – and started to ripple through to other critical …
China’s wealthiest real-estate magnates lost a combined $46 billion in 2021, headlined by Evergrande’s founder seeing $17 billion erased
China’s top real estate billionaires saw their fortunes slashed in 2021, with some losing their billionaire status altogether, Bloomberg reported.
Singapore’s US$744 billion fund eyes Chinese property assets
GIC, Singapore’s US$744 billion sovereign wealth fund, sees potential opportunities to do deals and buy debt in China’s battered real estate sector.
Tapping into the Property Management and Service Market in Sichuan-Chongqing Region, Desun Services Debuts on the HKEX Today
On 17 Dec 2021, Desun Real Estate Investment Services Group Co., Ltd. (Desun Services) was officially listed on HKEX. According to the public information, Desun Services issued 150 million shares at a …