“They’ve proved they are willing to allow some of China’s kind of bigger developers to fail.” The Chinese government is under pressure again to reduce the threat of a real estate meltdown to the …
Tagged By property
China reluctantly gives property market a break
China’s tough stance on deleveraging the real estate industry is softening, however reluctantly. The government will let property developers access much-needed funds from escrowed prepayments, …
Asian markets mostly up, China rate cut helps property sector
Markets mostly rose Thursday in Asia as investors tentatively returned to buying after recent losses, with Chinese property firms enjoying a much-needed …
Chinese Property Bonds Soar as Investors Bet Worst Is Over
A record-breaking rally in Chinese property bonds is highlighting the huge sums of money primed to flow into the distressed securities should Beijing dial back its industry crackdown.Most Read from Bl …
China drafts rules to give property developers ‘more access to escrow funds’
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector,…
China Property Bond Crash Morphs Into Epic Rally on Easing Bets
A record-breaking rally in Chinese property bonds is highlighting the huge sums of money primed to flow into the distressed securities should Beijing dial back its industry crackdown.
China drafts rules to give property developers more access to escrow funds: Sources
Regulatory curbs on borrowing have driven the sector into crisis, highlighted by China Evergrande Group which was once China’s top-selling developer but is now the world’s most indebted property firm …
Prospective property buyers in China are taking a ‘wait and see’ approach, says analyst
Zerlina Zeng of CreditSights says prospective property buyers in China are waiting for more details on the government’s property tax trials.
Xi reshapes China property market, paving the 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 (習近平) is attempting it at a time when the …
Sign Evergrande ‘contagion’ has arrived after crisis reaches China’s biggest property developer
There has been one major concern on the minds of experts ever since Evergrande’s slow downfall began – contagion.
China biggest property developer swoops in with mini buyback as bonds slump
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 …
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 …
