Li Daokui from Tsinghua University says property sales in China’s third and forth-tier cities will pick up in the next 6 to 12 months.
Tagged By property
China ETFs in Better Shape on Property Support: Can the Rally Last?
The recent surge in Chinese stocks following the implementation of property support measures reflects both short-term optimism and cautious expectations about the sustainability of this positive trend.
Iron Ore Giant Vale Says China Property Outlook Is More Encouraging
No. 2 iron ore miner Vale SA said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.
Daikin: Concerns Over Market Share Losses And China’s Real Estate Sector
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…
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 …