The downturn in China’s residential real estate sector slowed further in June, following the government’s efforts to put a floor under the housing market in some of its biggest cities. The value of …
Tagged By property
China’s property crisis raises questions of overseas spillover after US Congress hearing
A bond default or prolonged financial stress on local governments weakened by China’s property market slowdown would have a downstream effect on resident foreign companies, according to projections – …
Some Chinese property developers could be dropped from Stock Connect market access scheme
The property market is on shaky ground in contrast with a month ago, when hopes were high for a turnaround in the sector after China lowered the down payment ratio to a record low and…
China property: Beijing becomes last major mainland city to ease housing rules
Beijing, China’s capital, has finally joined other major Chinese cities in relaxing home buying restrictions to bolster the property market. The Beijing Municipal Commission of Housing and Urban …
China’s ‘too small’ property rescue leaves market wanting more
HONG KONG — China’s latest attempt to rescue its property market by buying up unsold homes and cutting mortgage rates has yet to revive confidence, while a slew of developers continue to grapple with …
China’s big housing correction is not over
The decline in housing sales and construction activities is sharp. On a rolling 12-month basis, China’s new home sales have fallen to 850mn square metres, or roughly 8.5mn apartment units, according …
China’s Rich Spend Millions on Shanghai Property
A $15 million penthouse was snapped up hours after it went on sale. More than 200 homes priced from nearly $5 million were taken in less than a day. Apartments worth $3.8 million were five…
China’s Rich Spend Millions on Shanghai Property, Bucking Crisis
A $15 million penthouse was snapped up hours after it went on sale. More than 200 homes priced from nearly $5 million were taken in less than a day. Apartments worth $3.8 million were five…
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan
Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could cut risks associated …
China’s property slump is expected to get worse
Two global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. S&P Global Ratings now …
China’s property market sees promising signs as policy package kicks in
By mid-June, the city registered 14,730 existing home deals — surpassing the average monthly level from the previous five months — since May 28, when local favorable property measures kicked in. In …
