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 …
Tagged By property
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 …
Year in Review: How Evergrande Shook China’s Real Estate Sector to Its Core
China Evergrande Group became a household name for all the wrong reasons. In the latter half of this year, China’s second-largest developer by sales has been locked in an intensifying battle to keep …
China property stocks gain as construction resumes at Evergrande projects
Shares of Hong Kong-listed Chinese property developers rallied Tuesday morning after China Evergrande Group said work had resumed at more than 90% of its stalled residential projects.
Shares of China Evergrande jump on progress in resuming home deliveries
Shares of China Evergrande Group jump more than 8per cent on Tuesday in morning trade, after the embattled property developer said it had made initial progress in resuming construction work.Company …
