(BLOOMBERG) – The danger lurking in China’s debt-laden real estate sector was never so clear as late last month, when word of a possible cash crunch at China Evergrande Group, the world’s most … (…
Tagged By property
China stocks end lower on property sector woes, profit-taking
Investors book profits from earlier gains on anticipation of Xi’s Shenzhen speech BEIJING, Oct 14 (Reuters) – China shares ended lower on Wednesday, with property firms among the biggest laggards, on … ( read original…
There are ‘clear risks’ with some firms within China’s real estate: HSBC
Investors can choose to stick to higher quality, better cash-generating companies that are likely to survive, says Herald van der Linde of HSBC Global Research. ( read original story …)
Shares of China property developer Evergrande dive after announcing discounted new share sale
The cash-strapped company was downgraded by ratings agency S&P Global Rating from “stable” to “negative” recently due to weak liquidity. ( read original story …)
China shares drop on property sector woes, Xi speech aids tech stocks
Property sector leads losses on Evergrande’s slimmed share-sale * Tencent hits record high on Xi’s speech. BEIJING, Oct 14 (Reuters) – … ( read original story …)
China Evergrande raises $555 million in slimmed-down share sale
China Evergrande Group, the country’s most indebted property developer, on Wednesday said it has raised $555 million in a slimmed-down share sale after initially targeting up to double that amount. ( read original story …)
Behind China’s Latest Property Boom: Doormen and Gardeners
Investors have seized on another way to profit from China’s huge housing market: snapping up stocks in the companies that take care of apartment complexes and help residents with child care, groceries … ( read…
China’s Too-Big-to-Fail Property Giant Pulls Back From Brink
China Evergrande Group’s stock and bonds rallied after the developer took a major step toward avoiding a cash crunch that had threatened to roil the nation’s $50 trillion financial system and … ( read original…
China’s Too-Big-to-Fail Real Estate Giant Pulls Back From Brink
China Evergrande Group took a major step toward avoiding a cash crunch that had threatened to roil the nation’s $50 trillion financial system and reverberate across global markets. ( read original story …)
China real estate takes back seat as hopes pinned on consumption to drive recovery
China is tapping the brakes on property prices and cutting the availability of mortgage loans to spur households to spend instead of repaying debt, as policymakers try to ignite private consumption … ( read original…
Property Developer China Evergrande Erases Market Losses
The company had sought to assuage investor concerns about its liquidity following a steep selloff, and some investors took advantage of its distressed U.S.-dollar-bond prices to scoop up the … ( read original story …)
No One’s Too Big to Fail in China’s Property Market
Beijing has set strict guidelines to protect the real-estate sector. Luckily many developers are in the clear. ( read original story …)
China Shares Predicted To Open In The Green
The China stock market has finished lower in back-to-back trading days, surrendering more than 60 points or 2 percent along the way. ( read original story …)