China’s developers are ready to turn a corner. Yu Liang told investors last week that the property market in the world’s second-largest economy was “oversold”. The chair of $22 billion China Vanke is …
Tagged By property
What This $100 Billion Ghost City Says About China’s Real-Estate Crisis
Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments li …
What This $100B Ghost City Says About China’s Real Estate Crisis
Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments li …
Nanjing Scraps Home-Buying Curbs in China’s Latest Property Boost
BEIJING (Reuters) – Nanjing has eliminated curbs on home buying, the first big Chinese city to do so, as policymakers scramble to arrest a deepening crisis in the massive property sector, which is is …
China’s property market is showing signs of bifucation: Former PBOC advisor
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.
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…
