While China’s residential property prices were up almost a third in the first quarter of this year compared with a decade ago, according to data compiled by the Bank for International Settlements, …
Tagged By property
China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of woes for the $57 trillion sector.Most Read from BloombergBillions Wiped Out as …
Asia-Pacific stocks turn lower as China property stocks plunge
PPI Services for October +2.3% y/y (expected +2.1%) China (SHCOMP) -0.42%. China’s industrial profits continues to shrink in November at slower pace. China property stocks slide amid Zhongzhi …
China’s Property Stimulus Creates Iron Ore Price Conundrum
Can you end a years-long property crisis without triggering a surge in the commodity that stands to benefit most?
Xi Tolerance for Property Pain Nears Limit as Rescue Emerges
(Bloomberg) — China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance for property sector pain is nearing its limit. Developer stocks and bonds rallied in China…
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled more support for troubled builders.
Oil Slips; Property Rally Boosts China Stocks
U.S. stock markets were closed for the Thanksgiving holiday, global markets were muted and index futures edged higher.
China Property Stocks Jump on Hopes for ‘White List’ Financing
Chinese property stocks climbed in Hong Kong trade amid rising hopes that Beijing will soon make dozens of companies eligible for financing, including developers that have defaulted on debt.
China’s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand
Authorities in Shenzhen, China’s technology hub, are reducing the down payment required from people buying a second home, joining a fray of big cities paring back restrictions in a bid to revive the …
China property distress drives up Asian junk bond default rates amid economic headwinds, liquidity challenges: Morningstar
Asian bonds with credit ratings near distressed territory have grown as a proportion of the regional high-yield universe since mid-2021, according to a Morningstar report, primarily on account of …
China Drafts List of 50 Property Firms Eligible for Funding
Chinese regulators are drafting a list of 50 developers eligible for a range of financing, according to people familiar with the matter, the nation’s latest effort to put a floor under the property …
China property crisis: developers in Shanghai offer sweeteners such as deferred down payments, free parking spaces to boost flagging sales
Developers are offering sweeteners such as delayed down payments, discounts and free parking spaces to home buyers in Shanghai in an attempt to spur demand in the face of slumping sales.
China Property’s Slump Further Reduces Growth Prospects
The China property market is grappling with unresolved debts and anemic sales. How is going to affect China’s economy. Click here to find out.
