US lift giant Otis is riding a growing trend for retrofitting older buildings in China, as new construction projects remain thin on the ground.
Tagged By property
China’s largest banks’ profits virtually flat as property slump continues
By Ziyi Tang and Selena Li BEIJING/HONG KONG, March 27 (Reuters) – Three of China’s largest banks reported nearly flat annual profits on Friday as the world’s second largest economy reels from a …
China’s Ongoing Property Crisis: A Five-Year Economic Challenge
China, the world’s second-largest economy, is facing a significant economic challenge as its property market grapples with a crisis that has spanned over five years. This ongoing property crisis is …
China home prices drop at slower pace as property slump abates
China’s home price declines moderated in February, a sign that the property downturn may finally be reaching a bottom.
China’s new home prices extend drop in February as recovery remains elusive
By Liangping Gao, Yukun Zhang and Ryan Woo BEIJING, March 16 (Reuters) – Prices of China’s new homes remained in contraction in February, official data showed on Monday, indicating the troubled …
CoreView Capital Trims KE Holdings as Beike Platform Connects China’s Housing Brokerage Network
KE Holdings operates the Beike platform, which links home buyers, sellers, and real estate agents across China and helps coordinate housing transactions through a nationwide brokerage network. That …
China’s home prices seen falling faster before stabilising in 2027: Reuters poll
By Liangping Gao and Ryan Woo BEIJING, March 13 (Reuters) – China’s home prices are expected to fall at a faster pace than was previously forecast before stabilising in 2027, a quarterly Reuters poll …
Singapore real estate giants feel the heat as China’s property woes continue
Analysts say Singaporean companies are still likely to bet on China’s massive market, but could now adopt a more selective investment approach.
China’s property reset comes with a heavy price
President Xi Jinping’s crackdown cut real estate debt by 17%, crushed speculation and lowered systemic risk. Five years on, though, house prices continue to fall and the distortions that fed …
What China’s abandoned properties reveal after real estate issues
China’s real estate bubble has burst. Here’s what the abandoned properties tell us – “Life in Venice” promised a luxurious lifestyle by the sea. But after its developer declared bankruptcy, it is now …
China vows to tackle property crunch with city-specific policies
Chinese officials pledged to stabilise the real estate sector at a crucial political meeting, but stopped short of announcing major policies some economists think are needed.
Investors watch China’s ‘two sessions’ for clues on property overhaul
Investors and policy watchers will be looking to this week’s meetings of China’s national legislature and top political advisory body – also known as the “two sessions” – for signals on whether …
China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump
Chinas new home prices recorded their steepest decline in more than three years in February, highlighting the persistent weakness in the countrys property market despite continued policy support.