Category: PROPERTY

The plan by the largest shareholder in (CNLP, B-/Stable) to sell its entire stake will not have any immediate rating impact on the warehouse developer, Fitch Ratings says. CNLP’s largest shareholder, ... ( read original story ...)

Investors are confronting the growing possibility that Evergrande will default, a debacle that could cascade across global markets and has exposed the perilous state of China’s vast property sector. ( read original story ...)

Bond yields at some of China’s biggest real estate companies are rising in a sign that fears over debt problems at leading developer Evergrande are spreading more widely through the sector. The bonds ... ( read original story ...)

Parkson Holdings Bhd said its Hong Kong-listed subsidiary Parkson Retail Group Ltd (PRGL) is withdrawing from its proposed joint venture (JV) to seek land plots in China's Jiaxing city for potential ... ( read original story ...)

China's retail property market is and will continue to be a popular investment destination for investors, developers and retailers, said the latest report by Cushman and Wakefield, a global real ... ( read original story ...)

Hywin Holdings Ltd, which provides wealth management services in China, will aim to reduce its reliance on real estate by expanding new products and growing businesses offshore, chief financial ... ( read original story ...)

China's banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd's investments in the property market, two people with knowledge of the matter said, after the firm ... ( read original story ...)