Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank, in yet another instance of creditors taking legal action to ... ( read original story ...)
China property giant Shimao faces winding-up case
In January, rival real estate giant China Evergrande was ordered to liquidate by a Hong Kong court. With more than $300bn of debt, Evergrande has been the poster child of China's real estate crisis. ( read original story ...)
Property expected to see sound spring recovery, experts say
A property market recovery is likely to emerge in many cities in early spring, thanks to the central government's resolve to keep the market healthy and stable, coupled with heightened expectations of ... ( read original story ...)
RUDA, PCBDA Teams Showcase Transformative Projects at Shanghai Property and Investment Expo
The RUDA and PCBDA team, alongside prominent global participants, made a significant impact at the Shanghai Property and Investment Expo, highlighting innovative real estate ventures and strategic ... ( read original story ...)
China’s property market is at risk of an overcorrection, not oversupply
There is no risk of China’s property sector woes spreading into a financial crisis but there is a policy-induced housing crisis and restrictions must be further eased. ( read original story ...)
Chinese property exodus gains pace with $120m Waterloo sale
The Chinese are selling out of major Australian property holdings amid tough local conditions and trouble in their home market. The Shanghai-based company’s exit from the project will add to the ... ( read original story ...)
China Property woes deepen with Vanke slump, country garden halt
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis show. ( read original story ...)