“Investors are disappointed with the slow recovery of the housing market,” said Anitza Nip, Union Bancaire Privee’s head of fixed income research for Asia. “The recovery path appears to be even longer …
Tagged By property
China GDP: ‘rising uncertainty’ as economic recovery slows amid mounting problems
Waning confidence in China’s economic growth has been spreading, with global investment banks revising down their second quarter sequential growth forecasts ahead of the release of the data later this …
KONE: Beware The China Risk
KONE started 2023 on a positive note, largely due to the resilience of its service business. Despite that, KNYJF stock is rated as a hold. See why here.
China property developers buy less land in H1, June home sales drop 29%- survey
Chinese property developers spent 10% less on land in the first half compared to a year ago as sales stayed flat, private researcher CRIES said, reinforcing the still-low confidence in the real estate …
China Vanke says local property market worse than expected
The chairman of China’s second-largest developer backtracked his neutral assessment from March. Read more at straitstimes.com.
China’s Top Builder Says Home Market Worse Than Expected
China’s second-largest developer by sales said the nation’s home market is currently “worse than expected,” joining a chorus of investors and analysts who have become bearish on the country’s real …
What’s ailing China’s housing market? A teacher, clerk and tutor show why the next home sales reports will be ugly
Home sales likely stumbled in June and will weaken in subsequent months, analysts forecast; JPMorgan sees the market stabilising at a low level after 2022’s crash China’s policy responses may not help …
China’s June factory activity slows as conditions weaken – Caixin PMI
China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly concerned about sluggish market …
The Implications of China’s Far-From-Typical Recovery
China’s current recovery is taking an entirely different shape. The country is not only experiencing diminishing returns from its investment-driven model, but it is also facing the end of the global …
China stock investors see humble 2023 returns on growth fears
CHINESE stocks are expected to see modest gains in the second half as investors grapple with just how far policy stimulus will go in turning around a faltering economy. Read more at The Business Times…
China’s Home Sales by Top Developers Plunge in Warning Sign
China’s home sales tumbled in June, snapping a four-month rebound, suggesting the country’s vast property market is far from stabilizing.
China’s local government used fake property deals to boost revenue by $12 billion, says WSJ report
This new revelation shows that China’s real estate slump hit municipalities even harder than initially thought. With the fake sales included, local governments saw property-linked income decline by …
China’s Property Market Enters Troubling New Phase
Real-estate demand appears to be waning as more supply hits the market, raising fresh risks for an already-fragile economy.