The premium on parcels of land in eight major cities that completed their first round of auctions for the year was up from 2021 as home builders went higher with their bids.
Tagged By property
China accelerates inward economic pivot with plan to create a ‘unified domestic market’
It also said efforts would be made to protect property rights, market access, fair competition and social credit access. China will work to develop a “unified domestic market” for production and …
China property: cities ease curbs as economy takes coronavirus hit
Property curbs are easing in cities across China as stability takes precedence over reform in the slumping, debt-ridden sector. More than 60 municipal authorities started easing property …
China issues guideline on establishing unified domestic market
jointly issued by the Communist Party of China Central Committee and the State Council. Efforts will be made to improve a unified property rights protection system, implement a unified market access …
China’s housing market cools in March: report
BEIJING – China’s housing market showed signs of cooling down in March, data from a recent report showed. An index indicating the search for housing nationwide dropped 11.8 percent in March from a …
Chinese Property Sector’s Go-Go Days Aren’t Coming Back
It has long been a reliable bet for investors that whenever China’s housing market slows down, Beijing eventually comes riding to the rescue—and usually overdoes it. This time things will be different …
The coming end of ‘property hegemony’
It has long been the mainstay of the economy of the Macau SAR, the only place in China where gambling is legal. And, what are the mainstays of the Hong Kong SAR’s economy? Well, finance…
Times China, Redsun Properties Downgraded: Evergrande Update
Times China Holdings Ltd. and Redsun Properties Group Ltd. both saw their credit ratings downgraded by Moody’s Investors Service Thursday, a development that underscores the continued liquidity …
Chinese property firms’ bond issuances fell sharply in first quarter, Beike’s research unit says
Major developers issued offshore bonds worth only 35.5 billion yuan (US$5.6 billion) in the first three months of the year, which translates into a year-on-year decline of 68 per cent, said BRI, the …
Expect China’s Real Estate Struggles to Continue
O ver two dozen Chinese real estate companies failed to meet the March 31 deadline to file their audited financial reports for the 2021 year, and for the companies that did file, …
As Property Downturn Drags On, Chinese Developers See an Uncertain Future
After suffering through a bruising property-market downturn, the Chinese developers still standing are predicting a starkly different future from their hard-charging days of the past.
Li Ka-Shing Tops Ranking of Global Property Rich Dominated by Chinese Tycoons
Eight of the world’s top 10 property billionaires are Chinese, headed by Li Ka-shing of Cheung Kong Holdings, according to the Hurun Global Real Estate Rich List 2022. Worth CNY205 billion (USD32.2 …
BlackRock Among Investors to Pare Losing China Property Bets
The biggest investors in China’s junk property bonds reduced their exposure for the first time in months, a turning point after they previously doubled down through distress and default risks.