China’s property sector woes could spell trouble for prestige mega-projects in London, New York, Sydney and other top cities as the developers behind them scramble for cash. While China Evergrande …
Tagged By property
China’s Home Sales Slump Persists, Clouding Economic Outlook
China’s major developers saw home sales tumble last month, prolonging the real estate slump and putting more pressure on growth in the world’s second-largest economy.
China caught under real estate debt, millions of homes remain unsold
The Chinese economic slowdown in the third quarter of the current financial year unveils the problem of the growing debt in the real estate industry in the country with millions of houses unsold and …
As China’s Developers Struggle, Investors Prefer Property Managers
The companies that look after the country’s vast apartment complexes are in relatively good shape.
The ticking time bomb in China’s property market
The current crisis engulfing Evergrande is symptomatic of a much wider problem in the Chinese property market, with roots that go back decades. The impact of Evergrande’s crisis won’t just be confined …
Exclusive-China’s Kaisa Plans to Sell Property Management Unit, Hong Kong Sites – Sources
… $300 billion in liabilities – is at the centre of a stifling liquidity crisis in China’s $5 trillion property sector. Wealth of Knowledge is a weekly podcast featuring tips and expert insight …
Evergrande Update: 33% of China’s property developers face a real risk of default – S&P
Analysts at S&P Global Ratings warned in a research note on Friday, amidst the ongoing China Evergrande crisis, a third of the country’s property developers could face a “real” risk of default, with …
Bottled water billionaire Zhong Shanshan has topped a China rich list, overtaking the country’s tech and real estate tycoons
Nongfu Spring’s founder and chairman Zhong Shanshan has topped the Hurun China Rich List for the first time with a $60.6 billion fortune.
How China Is Rolling Out a Property Tax on Homes, and Why
The history of private home ownership in Communist China is short, only a couple decades or so. But prices have skyrocketed so quickly that it now has some of the world’s most expensive housing …
Analyst warns investors still need to be cautious about China’s property sector
Sat Duhra from Janus Henderson Investors says there’s still too much uncertainty in China’s property space, and discusses the potential fallout in various sectors.
China’s property developers to propose debt maturity extension, restructuring to regulators
Some Chinese property developers at Tuesday’s regulatory meeting expressed intention to extend offshore bond maturities, Reuters reports, citing sources with knowledge of the matter. They also …
China property tax impact on steel to be in the long run
Beijing’s intention to introduce property tax in some pioneer cities after years of mulling, may not show any notable impact on the domestic steel demand immediately as details have remained unclear, …
Stabilising Infrastructure FAI to Mitigate China’s Weakening Property Investments
Fitch Ratings-Shanghai/Beijing-27 October 2021: China is likely to accelerate infrastructure fixed-asset investment (FAI) in 4Q21, to cushion against weaker investment by property developers, says …
