Sharp falls in Shimao Group’s shares and debt, triggered by worries over an asset sale and cancelled apartment deals, renewed concerns on Tuesday over China’s property sector.
Tagged By property
China real estate sector’s yuan bond issuance comes roaring back
Chinese real estate companies more than tripled their issuances of yuan-denominated bonds in November compared with the previous month, new data shows, as authorities took a more forward role in …
China Property Plunge Worsens as Shimao Deal Raises ‘Red Flag’
Chinese property stocks sank to a nearly five-year low after a deal between two units of Shimao Group Holdings Ltd. heightened corporate governance concerns in an industry already grappling with a …
China’s property crisis worsens as the economy takes a downturn in November
As China’s property crisis worsens, and the economy takes a downturn in November, The Government rises to action. Beijing has shifted policy direction this month.
China’s Property Crisis Likely Dragged Economy Down in November
Economic activity in China likely slowed in November due to the worsening downturn in the property sector and still subdued consumption.
Amundi Says China Property Crackdown Will Boost Demand for Funds
China’s crackdown on the property sector, which has sparked defaults at China Evergrande Group and others, should provide a lift to stocks and bonds as investors shift away from real estate, a top …
Implementation of property tax should be smart
Property tax contributes a small share of government revenue in countries all over the world. Foreign practices notwithstanding, and given the current or even future situation in China, property tax …
China property: Investors swing between caution and hope
Some yield-hungry bond investors are continuing to look for opportunities in the China property sector, discounting rising default cases in the hopes that Beijing will push ahead with its policy …
Evergrande’s boss forced to sell an additional 277.8 million shares as China’s government says it’s not bailing the property giant out
The forced sales cut Evergrande chairman Hui Ka Yan’s stake in the company from 61.88% to 59.78%. According to Bloomberg calculations, the shares were worth around HK$498 million (US$64 million). The …
Private equity cuts back on China property as Evergrande hits stocks
Private equity groups are planning to cut their exposure to Chinese real estate as concerns mount over the health of the sector following the default last week of indebted developer China Evergrande.
Private Equity Firms Plan Cuts in China to Escape Property Woes
Private equity investors are cooling on China, pulling back from real estate amid mounting troubles at some of the nation’s biggest developers and with many also planning to cut bets on start-ups.
CHINESE PROPERTY MARKET
The Chinese property market has been shaking in recent months by the debt crisis at Evergrande and other firms showing signs of financial insecurity. The key driver behind what we are seeing in the …
China’s leaders vow to regulate property market
China’s leaders say they will continue to closely regulate the real estate market in an effort to bring the ballooning, debt-laden sector back down to earth.
