Summary We consider Daikin’s shares expensive due to signs of slowing demand in Japan, China, and Europe. Concerns include market share loss in Japan and the U.S., as well as negative impact from the weakening…
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China’s Country Garden dodges another default in relief for property sector
China’s Country Garden made interest payments on U.S. dollar bonds hours ahead of a grace period deadline, a person close to the firm said, pulling back from the brink of default for the second time…
Country Garden makes dollar debt payments in relief for China property sector
Country Garden made interest payments on U.S. dollar bonds hours ahead of a grace period deadline, a person close to the firm said, pulling from the brink of default for the second time in four…
Stock market today: Asian shares fall back amid selling of China property shares
Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell more than 1% as Chinese property…
Country Garden makes debt payments in relief for China property sector -source
Country Garden has made interest payments on two U.S. dollar bonds just as a grace period was due to end on Tuesday, a person close to the company said, in a relief for the embattled…
Never mind deflation and the property crisis – a brain drain could be the next big threat to China’s economy
Never mind deflation and the property crisis – a brain drain could be the next big threat to China’s economy It’s been a rough 2023 for China, with Beijing failing to stop deflation or contain…
China property stocks rally as better news challenges record media negativity.
News articles about China recently hit their most negative on record amid concerns about the real estate sector and slowing overall economic growth.
Global Indexes Rally on China’s Property Stimulus Measures
International stock markets rose after Beijing rolled out further support measures for its beleaguered property sector. U.S. markets were closed for the Labor Day holiday.
Country Garden debt deal, China property support moves trigger relief rally
Country Garden’s deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($536 million) boosted shares in the developer on Monday and gave China’s crisis-ridden property …
Country Garden debt deal brings some relief for China’s property sector
Creditors of Country Garden (OTCPK:CTRYF) reportedly extended a payment deadline for an onshore private bond, which will allow the troubled Chinese real estate developer to avoid a default, bringing …
Hong Kong property stocks surge as China takes action to revive property sector
Stocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.
Property Stocks Lead China Rally as Stimulus Measures Lift Mood
Chinese stocks jumped after the nation rolled out further property support measures, the latest in an intensifying campaign to rescue to beleaguered sector that’s been dragging down the economy. Most Read from BloombergDiamond Prices Are…
China engaging in ‘asymmetric warfare’ to influence US public opinion: former NSA boss John Bolton
China is engaged in an “asymmetric warfare” campaign in the United States aimed at influencing public opinion and weakening Americans’ faith in their institutions, former