Continuing economic pessimism and recent policy measures to shore up the sector are feeding hopes that a massive boost is yet to come Investors are underestimating China’s determination to cut its reliance on property asset…
Tagged By property
FTSE 100 Live: Chinese property shares sink; blue-chips seen lower
Investigation nearly over at Shipbroker Braemar after worries over a $3 million transaction which delayed its accounts and led to a suspension of its shares.
China Developers Slump Most Since December as Evergrande Weighs
Chinese property shares dived Monday, as sentiment took a hit after distressed developer China Evergrande Group scrapped its key creditor meetings at the last minute and said it must revisit its …
Property Firm China Oceanwide Gets Liquidation Order in Bermuda
A Chinese property investor that has struggled with several US projects faces court-ordered liquidation as a Bermuda court issued a winding-up order against the firm.
Evergrande’s debt revamp roadblock hits China property investors’ sentiment
China Evergrande Group’s latest trouble in firming up a long-pending debt restructuring plan led to a sell-off in its and peers’ shares on Monday, as worries resurfaced about the crisis-hit property …
Hong Kong stocks tumble after China Evergrande scraps creditor meetings, triggering concerns about the property sector
Hong Kong stocks open weak after China Evergrande Group, the world’s most indebted developer, said it would cancel creditor meetings dealing a setback to its debt restructuring plans.
China’s Economy Could Be Collapsing and It Means Insane Trouble
China’s economy is built upon a foundation of industrial espionage. Coming out of the Chinese Civil War, Mao Zedong preached a slogan of, “Catch up to Great Britain and beat the Americans!” Because …
China’s 1.4 billion population isn’t enough to fill the country’s empty homes, former official says
A former Chinese official’s dramatic comments are a rare critique of the country’s struggling housing market, which has been in crisis since 2021.
‘Even 1.4 billion people can’t fill all empty homes’: Former Chinese official on property crisis
With over 1.4 billion people, China is the second most populous country in the world today. Yet, even its staggering population will not be able to fill the astronomical number of empty apartments …
China property crisis: Country Garden faces reckoning as sluggish economy, bets on smaller cities unravel
In the second of a two-part series on the crisis surrounding Country Garden, we look at how a company considered one of China’s most stable developers is now struggling to navigate a slumping property …
Chinese property giants hit hard with nearly USD 3 billion in forex losses
The total net foreign exchange losses for 24 of the top 30 mainland listed Chinese developers by contracted sales before the COVID crackdown in 2020 totalled 21.25 billion yuan (USD 2.75 billion) for …
China Yuanbang Property Holdings Limited (SGX:BCD) Not Doing Enough For Some Investors As Its Shares Slump 45%
China Yuanbang Property Holdings Limited ( SGX:BCD) shares have had a horrible month, losing 45% after a relatively good period beforehand. Looking at the bigger picture, even after this poor month …
China’s Property Crisis Weighs on Developing Asia’s 2023 Growth Outlook – ADB
China’s property crisis “poses a downside risk and could hold back regional growth,” the ADB said in its report. The Manila-based lender maintained its 2024 growth forecasts for China and India at 4.5 …
