Country Garden Holdings Co.’s stock and bonds plunged, with short-sellers swarming over China’s sixth-largest developer by sales, as scrutiny intensified over its operations and ability to meet debt payments.
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China’s property sector is in dire straits as yet another developer reportedly runs into trouble
China’s property sector continues to unravel as another developer falls behind on its debt payments, according to Bloomberg. Country Garden Holdings – once China’s largest developer by sales – failed …
China Property Stocks Lead Hong Kong Market Slump
A cash crunch at China’s largest surviving property developer rattled Hong Kong’s stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed …
Country Garden misses bond payments as China property fears flare
Country Garden said on Tuesday it has not paid two dollar bond coupons due on Aug. 6, confirming market fears that the biggest privately owned developer in China is slipping into repayment troubles.
Making Sense of China’s Property Sector
Zhaopeng Xing, senior China strategist at ANZ, discusses China’s property sector and his outlook for the housing market. He speaks on Television.
Chinese property developer Yuzhou unveils offshore debt restructuring plan, says has not defaulted on onshore debt
Sunac China Holdings, and Shimao Group who are also seeking a revamp of their financial structures as sector conditions continue to deteriorate even as authorities roll out supportive policies. The …
Another Big Chinese Property Domino Is Wobbling
The housing boom was a wild ride for Chinese property developers, but the hangover will be long—and perhaps has yet to reach its most painful point.
China property crisis: Country Garden, Vanke sales spiral as developers await measures to ease liquidity stress, stimulate demand
The slowdown in China’s property market continued in July, with major developers reporting a slump in contracted sales, further exacerbating their liquidity crisis.
China’s Zhengzhou city launches property support measures
China’s Zhengzhou city has launched measures to support its property market, including easing home resale restrictions, in what analysts said were the first such moves by a big city heeding signals …
BHP: China’s Construction Crisis Is Unlikely To End Soon
Summary Commodity prices are currently low due to a slowdown in manufacturing activity, but higher energy prices could promote a rebound.BHP Group offers potential value to investors as a cheap and …
China’s housing market is so bad people are rushing to the US to buy a home
Chinese buyers spent $13.6 billion on US residential real estate in the year ending March 2023, the National Association of Realtors found.
China signals fresh policy support to buoy property sector recovery
Photo/Xinhua] China’s property sector is expected to revive on incremental policy support as the government reiterates the sector’s important role in driving a broader economic recovery. Stabilizing the construction and property sectors,
Plunging sales of new homes show China’s real estate crisis isn’t over
Plunging sales of new homes and the reported cancellation of a share placement by China’s biggest property developer on Tuesday underscored the depth of the country’s real estate crisis.