China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown.
Tagged By property
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 …
China Fortune Land gave $313 million to a wealth manager. Now the developer can’t find it
A Chinese property developer that was once one of the country’s largest says it has lost contact with a wealth manager that it gave $313 million. It’s just the latest blow to China’s …
Hidden Sources of Risk in China’s Property Sector
Even an orderly unwinding of the highly indebted property sector carries underappreciated risks to foreign investors.
China Property Watch – December 2021: Home Buyers in Wait-and-See Mood; Underlying Demand Remains Solid
Chinese home buyers have been taking a wait-and-see attitude amid weakening new home prices and developers’ liquidity stress, which may cause sales to remain w …
Chinese Property Tycoons Lose $46 Billion: Evergrande Update
The richest bosses behind China’s property firms have lost more than $46 billion combined this year, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people that …
Xi Jinping Doesn’t Know What to Do After Popping a Real-Estate Bubble
He wants to raise living standards while limiting the ‘barbaric growth of capital.’ Good luck.