China’s efforts to spur asset sales by cash-strapped developers are starting to gain momentum with a flurry of deals involving state-run rivals, potentially easing the industry’s debt crisis. In ... ( read original story ...)
China biggest property developer swoops in with mini buyback as bonds slump
China's biggest homebuilder by sales, Country Garden, scooped up $10 million of its own bonds on Monday as the country's ongoing property crisis sent then sprawling again. ( read original story ...)
China drafts rules to give property developers ‘more access to escrow funds’
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, ... ( read original story ...)
Pudong Plans Bond Sale for Property M&A Loans: Evergrande Update
Shanghai Pudong Development Bank Co. plans to sell bonds worth 30 billion yuan ($4.7 billion) to fund loans for property acquisitions, in a move aimed at easing stress in China’s struggling real ... ( read original story ...)
China biggest property developer sees bonds slump
China's biggest homebuilder by sales, Country Garden, saw its bonds slump on Monday as the country's property crisis showed no sign of letting up. Last week was the worst on record for Country ... ( read original story ...)
Chinese Property Giant Country Garden Endures Sector’s Latest Selloff
The company’s bond due in 2026 has declined steeply in recent days, dropping by more than 20 cents on the dollar in three sessions. ( read original story ...)
Carina Lau Reportedly Selling 3-Storey Shanghai Apartment With Swimming Pool For S$38mil
Hongkong actress Carina Lau is one of those folks who collects real estate like you and I might collect stamps (wait, do people still do that?), and she usually seems to have pretty good luck in ... ( read original story ...)