Central China Real Estate and Leading Holdings Group became the latest to default on their debt repayments as China’s property sector’s litany of woes continues with Beijing disappointing expectations …
Tagged By property
China’s Property Market Remains Cold Despite Mortgage Rate Cuts
(Yicai Global) June 26 — The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central …
Central China Real Estate’s Shares Jump After Developer Halts Offshore Debt Payments
By Bingyan Wang Central China Real Estate’s shares jumped in Hong Kong trade on Monday morning after the developer said it would halt offshore debt …
Chinese Builder Halts All Offshore Debt Payment on Property Market Weakness
A Hong Kong-listed Chinese real estate developer said it will suspend all offshore debt payments, citing weakness in the country’s property market, deteriorating sales and constrained liquidity.
GaoTeng’s Chu on China Property, Strategy
Wonnie Chu, managing director for fixed income at GaoTeng Global Asset Management, discusses China’s property market, stimulus outlook and bond strategies. She speaks on “Bloomberg Markets: Asia.” …
Analysis: Investors shelve China assets before bigger stimulus
Investors are waiting for a big burst of stimulus from China before they make more aggressive bets on a recovery, having spent the past few months disappointed by economic data and a lack of …
China mute witness to foreign investors buying property on its mainland: Report
China is a mute witness to foreign investors buying property on its mainland as the country faces foreclosure of properties because of thousands of defaults by developers on account of a government …
China’s economic recovery is spluttering. The prognosis is not good
Many businesses in China use property as collateral for their borrowing, so it is likely to have cooled private investment, too. Property bubbles rarely end well. America’s last housing blow-up set …
China’s lowered lending rates signal strengthened policy support for growth
The latest decline in China’s benchmark lending rates — the first drop in 10 months — has signaled the approach of stepped-up policies to bolster economic recovery as analysts voice confidence in …
Florida Really Just Banned Chinese Immigrants from Owning Property. We’re Suing
Unless the courts act, Florida’s discriminatory land law will go into effect July 1, write Patrick Toomey and Clay Zhu.
China’s Luxury Home Sales Soar in First Five Months, But Fail to Lift Property Market
Sales of high-end homes priced between CNY10 million (USD1.4 million) and CNY30 million surged 45 percent in the five months ended May 31 from a year ago, according to statistics from real estate …
China cuts lending benchmarks to revive slowing demand
China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities seek to shore up a slowing economic recovery, although concerns about the property market meant the easing was…
Asia Shares Fall on China’s Modest Rate Cut
Stocks in Asia fell on Tuesday as investors worried China’s latest rate cut was not enough to boost confidence in the weakening economy and awaited a wider stimulus package by Beijing. China, in a highly…
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