The country’s closely watched gauge that tracks the change in new credit is expected to turn negative in 2021 after surging last year … ( read original story …)
Tagged By property
Jack Ma gets a hard lesson in who the real boss is in China
Jack Ma, the billionaire founder of Alibaba, had everyone talking. “He had electrified all the young entrepreneurs with his speeches, enthusiasm and presence,” Sorrell recalls. But Ma has not been … ( read original story…
New World sells US$200 million of sustainability-linked bonds to steer its real estate projects towards renewable energy
The focus on sustainability is part of the “human-centric” approach charted by Cheng since taking over from his father in the driving seat of one of Hong Kong’s largest conglomerates, with businesses … ( read…
World should steel for peak China demand
Markets should steel for peak China demand. Consumption of the metal in the People’s Republic fell for the first time this century in August, an industry official said on Sept. 25. If the decline ……
China plugs big loopholes in real estate crackdown
Beijing has capped bank property loans as a percentage of total credit, a blunter, harsher approach than previous efforts. Indebted developers will suffer, as will lenders. It’s a sign of official … ( read original…
Moody’s – China’s new limits on property loans credit positive for banks, but negative for developers
© 2021 Insider Inc. and finanzen.net GmbH (Imprint). All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer … ( read original story …)
China’s Bottled Water King Is Now Richer Than Warren Buffett
The chairman of Nongfu Spring Co., a bottled-water company that’s ubiquitous in China, is now richer than Warren Buffett as his fortune surged $13.5 billion since the start of the year to $91.7 … (…
China central bank says to cap property loans by banks
China’s central bank issued a regulation on Thursday to cap property loans by banks, as authorities shift their attention back to debt risks and look to guard against any overlending to the property … (…
China Evergrande targets 3.7% sales growth in 2021, cut debt by 20%
China’s most indebted property developer Evergrande Group said on Tuesday it targets 750 billion yuan ($116.04 billion) of sales in 2021, around the same level as last year, and vowed to cut its … (…
China’s electric carmakers are paying top dollar to snap up prime storefronts
China’s commercial property developers are turning to new clients to fill spaces, many left vacant as the coronavirus pandemic hit businesses. ( read original story …)
Chinese electric carmakers snap up storefronts as property developers pursue new strategies
China’s commercial property developers are turning to new clients to fill spaces, many left vacant as the shock of the coronavirus pandemic hit businesses. ( read original story …)
The Sound Of Far-Off Thunder — China Curbs Lending To Property Developers
Chinese financial regulators have imposed new rules restricting lending to property developers in an attempt to mitigate potential risks from the sector to the country’s financial system. New … ( read original story …)
China limits property loans to curb housing bubble
In an effort to curb a possible housing bubble, China’s central bank has issued a new mandate for lenders: Limit the number of loans you’re offering. The People’s Bank of China announced the new ……
