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 ...)
China Logistics Property’s Rating Intact Amid Shareholder Change
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 ...)
Evergrande liquidity crisis: why the property developer faces mounting default risk
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 ...)
Evergrande jitters spread through China property bond market
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 pulls out of property development JV in China due to absence of suitable land
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 still a popular investment destination
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 ...)
Chinese wealth manager Hywin will reduce reliance on property – CFO
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 ...)