Asian share markets were mixed on Monday as a top U.S. central banker warned investors against getting carried away over one inflation number, while Chinese stocks gained on signs of aid for the …
Tagged By property
China Plans Property Rescue as Xi Surprises With Policy Shifts
China issued sweeping relaxation measures on property and Covid controls, the strongest signal yet that President Xi Jinping is now turning his attention on rescuing the economy.
Yellen to Seek Info on China’s Covid Lockdowns, Property Crisis
US Treasury Secretary Janet Yellen will seek information on China’s Covid lockdown policies and its troubled property sector during a meeting with the head of the nation’s central bank this week, …
China Ramps Up Property Support With $56 Billion in New Funding
Chinese regulators told the nation’s second-tier banks to dole out another 400 billion yuan ($56 billion) of financing for the property sector in the final two months of the year, adding to a raft of…
China Property Crisis Imperils $1.6 Trillion of Local State Debt
China’s deepening property crisis is piling pressure on a $1.6 trillion corner of the country’s onshore bond market, as cities and local administrations step in as white knights to bail out troubled …
Some of China’s policies have failed to help property sales rebound, says economist
Raymond Yeung, chief economist for Greater China at ANZ, discusses the effects of China’s zero-Covid policy on its economy and its recent decision to ease some restrictions.
‘Value Annihilation’ Haunts Investors in China Property Bonds
China’s offshore credit market rebounded this week after a key bond regulator expanded a financing support program. But one of the worst routs ever suffered just last month is making many investors …
China property crisis threatens US$1.6t of local state debt
CHINA’S deepening property crisis is piling pressure on a US$1.6 trillion corner of the country’s onshore bond market, as cities and local administrations step in as white knights to bail out troubled …
Asia’s Former Richest Woman Sees Wealth Demolished By China’s Property Woes
This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. Asia’s former richest woman, Yang Huiyan, has lost over 80% of her once $29.6 billion fortune (at its peak…
China Wealth Creation: New Realities In 2022
China as a market—post the Chinese Communist Party’s 20th National Congress—remains vulnerable to further disruption. Still, the world’s second largest economy is expected to expand by 5% in 2023, and …
UPDATE 1-Shares in Chinese property developers soar on fresh support from Beijing
Shares in Chinese property developers surged on Wednesday after Beijing expanded a financing programme that is expected to support bond issuance in the crisis-ridden sector.
Institutional investors see Japan as a real estate darling but have turned cold on China’s property market
Both Japan and China have kept interest rates relatively low, despite US rate increases, weakening their currencies, although Japan is favoured over China by investors.
China developers’ liquidity remains tight; property sales value continue to weaken
Property developers in China are anticipated to prioritise liquidity preservation above expansion, given the current challenging market situation, according to Moody’s Investors Service. Daniel Zhou, …