This Friday, February 12, marks the start of the Chinese New Year and the Chinese people, like the rest of humanity, will say a hearty good riddance to the last year with hopes for easier…
Tagged By property
The Floundering Town-Builder of the Future Shows China’s Real-Estate Risks
The latest Chinese property developer to struggle with its liabilities shows that no corner of China’s financial markets can escape the heavily leveraged real-estate sector. ( read original story …)
China Overseas (00688) Jan property sales up 33.3%
ET Net News Agency, 4 February 2021] China Overseas Land & Investment Limited (00688) said for January 2021, the contracted property sales of the China Overseas Series of Companies amounted to … ( read original…
China property credit crisis drags in Ping An Life
China Fortune Land Development’s $814 mln of overdue loans have local officials warning its collapse could create systemic risk. Over 200 financial institutions are involved. Beijing might let CFLD … ( read original story …)
More than half of investors plan to buy commercial real estate in 2021
As high as 57 percent of investors from home and abroad plan to increase their purchases of commercial real estate in China in 2021, the highest rate since 2016, according to the China Investor ……
KE Holdings: 3 Reasons to be Bullish on the “Zillow of China”
KE Holdings (Nasdaq: BEKE) is known as the “Zillow (Nasdaq: ZG) of China”. However, the company has much more potential given that China’s real estate market is relatively undeveloped. One unique … ( read original…
China’s Xi Calls for Better Protection of Intellectual Property
Chinese President Xi Jinping called on officials to step up protection of intellectual property rights from the perspective of “national strategy,” Xinhua News Agency reported. Protecting intellectual … ( read original story …)
Evergrande’s property service unit pays US$233 million to buy a rival to meet target of increasing 2020 profit by 50 per cent
While many property services companies benefit from new projects of their parent developers for expansion, Evergrande’s services arm needs mergers and acquisitions to sustain growth, UBS Group AG … ( read original story …)
How A Former WeWork Exec Aims To Jumpstart The Property Market Landscape In China
After a proptech’s $2 billion IPO last summer, all signs point to China being the next big growth area for the industry. Here’s how a new start-up model is attempting to capitalize on the momentum.…
U.S. Intelligence Claims China Wants to Steal Your DNA
China has been accused of stealing a lot of things from America: intellectual property, “jobs and wealth,” even our role as the world’s biggest jerk. Now, US national security officials warn that … ( read…
China Executes Former Head of Asset Management Firm in Bribery Case
The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in an unusually severe penalty for a recent corruption case. Lai Xiaomin of China … ( read…
China’s property market is a driver — and risk — for steel prices
China’s massive property market serves as a supporter of steel, iron ore and coking coal prices, in addition to a large share of GDP. ( read original story …)
China tells big cities to cool overheating property market
China’s deputy housing minister has urged authorities in major cities to take steps to curb property market speculation following a recent surge in residential real estate prices, state media Xinhua … ( read original story…
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