Chinese property developers’ bonds and shares slumped on Friday with few clues as to how local regulators propose to contain the contagion from cash-strapped China Evergrande Group that faces nearly …
Tagged By property
China auctions off property of detained Uyghurs, raises millions
Amid China’s ongoing mass internment of its own citizens in Xinjiang Province, the authorities have been auctioning off the property of some detai …
Chinese property bonds, shares slump as Evergrande angst spreads
Bonds and shares issued by Chinese developers slumped on Friday as onshore markets returned from a week-long holiday with few clues as to how regulators propose to contain the contagion from …
China Real Estate Ex-Billionaire Buys $3.5 Mln Of Yuzhou Debt Amid Industry Woes, Stock Plunge
China real estate billionaire Lam Lung On, chairman of Yuzhou Properties, has “recently” bought on the secondary market about $3.55 million of debt issued by the company, Yuzhou said in an …
China’s slowing property sector may hit bulker demand
Maritime Strategies International explores the impact on dry bulk demand from China’s slowing property sector, with all construction-related commodities likely to see a decline in imports …
Valuations in high-yield China property credit are now ‘very attractive’: Investor
Alan Siow of Ninety One says many firms in Chinese real estate, from investment grade to high yield, have been “indiscriminately tarred with the same brush” as debt-ridden developer Evergrande Group.
China GDP to slow to 5% in Q3 amid property woes
China’s year-on-year economic growth is expected to slow to 5% in the July-September period, according to a survey of 29 economists conducted by Nikkei and Nikkei Quick News. Strict Covid-19 measures …
China’s Property Fantasia Turns Nightmarish
Fantasia Holdings failed to repay a U.S. dollar bond on Monday, and many more developers that overextended themselves in the boom years could face a similar fate …
METALS-Copper falls as China property woes trigger demand fears
Copper prices in London slipped on Wednesday as demand worries grew over the possibility of more debt defaults by Chinese property developers. Cash-strapped China Evergrande Group 3333.HK has soured …
China Real Estate Developer Fantasia’s Credit Rating Cut To Default
China real estate developer Fantasia Holdings credit rating was lowered to default by Fitch on Tuesday evening. (See announcement here.) Fantasia Holdings said late Monday it hadn’t repaid $206 …
China property sector woes deepen
The possible collapse of one of China’s biggest borrowers has triggered worries about contagion risks to the property sector in the world’s second-largest economy. — AFP HONG KONG: As investors were …
Property purchasers to get more safeguards
The cut in the mortgage rate in several Chinese cities, which came after a rare reference by China’s central bank to property market stability, may suggest more sophisticated measures regarding …
Chinese developer Fantasia can’t pay its debts. That’s stoking real estate fears
A Chinese developer of luxury apartments missed $315 million in payments to lenders on Monday, sparking fears that financial strains in the country’s outsized property sector are spreading beyond the …
