Chinese authorities have vowed to achieve a significant improvement in the real-estate market order in around three years Efforts …
Tagged By property
China will strive to clean up irregularities in property market in 3 years
China will strive to clean up irregularities in the property market in three years, the housing ministry said on Friday, as Beijing keeps up …
China Will Not Use Property as Vehicle for Stimulus – Vice Premier
China will not use the property market as a vehicle for short term economic stimulus, state television quoted Vice Premier Han Zheng as saying on Thursday, affirming the current stance. Local …
Property Developer Hui Ka Yan Loses Top Spot On New Forbes China Philanthropy List
Real estate billionaire Hui Ka Yan lost the top spot for the first time in three years on the latest Forbes China Philanthropy List published on Tuesday. Hui was surpassed by Alibaba’s Jack Ma; Hui…
CBRE on the outlook for China’s property developers
Many of China’s top listed property developers have been moving toward a healthier balance sheet in the last year or so, says Henry Chin of real estate services firm CBRE. He expects more developers …
China’s General Administration of Customs Announces Typical Cases of Intellectual Property Infringement
On July 19, 2021, China’s General Administration of Customs announced 11 typical cases of intellectual property infringement where they were able to seize infringing goods.&n …
Chinese Versus Foreign Perception Of China Diverges
Asian equities were a sea of red though the Philippines, Indonesia, and Pakistan missed the “fun” due to market holidays. Foreign investors were active in the Mainland market, buying $472mm of stocks …
China Evergrande slumps as investor worries deepen
Shares and bonds in China Evergrande, the country’s most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, …
Sales in two China Evergrande projects suspended by Chinese authorities
Sales in two developments of China Evergrande Group in a southern Chinese city have been halted by the authorities, government notices show, adding pressure on the developer’s cashflow that has raised …
US Accuses China of Hacking Microsoft
The Biden administration for the first time Monday accused the Chinese government of breaching Microsoft email systems used by many of the world’s largest companies, governments and military …
China Evergrande dives as property sector worries deepen
Shares and bonds in China Evergrande, the country’s most indebted developer, plunged on Monday after news a Chinese court had frozen one of its bank accounts deepened concern over the impact of …
China Evergrande, hit by a US$2.71 billion stock sell-off, threatens to sue lender as debt controversy turns ugly
China Evergrande has threatened to take legal action against a local bank after the lender froze some of its deposits onshore. The stock crashed 16 per cent in Hong Kong, the most in nine months.
China Evergrande Stock, Bonds Fall After Court Ruling
A lender won a legal ruling freezing about $20 million of the indebted Chinese property developer’s assets, intensifying concerns about its ability to repay its debt.