Chinese property developer Kaisa Group Holdings said it failed to secure the minimum 95% approval it needed from offshore bondholders to extend the maturity.
Tagged By property
POLL-China property market to keep cooling into H1 2022 on tight curbs
China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll …
China Property Market to Keep Cooling Into H1 2022 on Tight Curbs: Reuters Poll
China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll …
Tight Liquidity, Credit Polarisation Persist for China Property
We expect the increase in credit polarisation of developers and sector consolidation to expedite a decline in annual property sales volumes, underscoring our deteriorating sector outlook. Fitch …
Ex-Goldman Manager Raises $245 Million for China Property Debt
China’s beleaguered property industry. Brown’s Hong Kong-based Arkkan Capital completed a first close for the Arkkan China Real Estate Fund and plans to raise more money in the first half of next year …
China’s property woes have worsened as home prices slipped in November amid a growing liquidity crisis among the country’s developers
China’s new home prices in 100 cities dipped 0.04% in November from a month earlier, compared with 0.09% growth in October.
More Bad News For China’s Sorry Real Estate Market, UBS Says
The hits keep on coming for China’s economy. This time the news is the country’s already beleaguered real estate sector is set for more bad news. “Property activities are likely to fall further in the…
For China, reining in real estate a high-stakes balancing act
Authorities are loosening lending and home approvals even as Beijing pushes to reduce economy’s reliance on property.
Slump in China Gas Shows Spreading Impact of Property Slowdown
China’s property market woes are causing pains in broader parts of the economy, as disappointing earnings drove a major gas distributor’s stock to sink by the most in 11 years on Tuesday.Most Read …
China property bond rejig is destined to fail
Developer Kaisa wants holders of $400 mln in notes to extend for 18 months. They’d get no real sweetener and would be pushed behind $3.6 bln of other maturing debt. Boss Kwok Ying-shing went through…
China’s property tax causing sleepless nights for homeowners as Beijing walks the ‘tightrope’
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality, but the proposal has caused some concern …
China’s property tax causing sleepless nights for homeowners as Beijing walks the ‘tight rope’
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality The plan will not be implemented straight away, …
China: Report uncovers property rights violations in Asia Pulp and Paper’s (APP) acquisitions of land, includes company response
“China: Large-scale land acquisition for APP Forest Plantations: Field findings and Recommendations”, October 2014 …[R]eport reveals that Asia Pulp and Paper (APP), one of the world’s 10 largest pulp …
