Chinese developers' debt-fuelled construction boom enriched the country's shadow banks, who were eager to capitalise on the needs of an industry desperate for credit and too risky for traditional ... ( read original story ...)
China property group Sunac unveils $9bn debt restructuring plan
Property developer Sunac China has unveiled plans to restructure more than $9 billion of its offshore debt as it tries to navigate out of the deep crisis engulfing the Chinese real estate sector. ( read original story ...)
Chinese property developers plan private placements after ban lifted
Chinese property developers including Shanghai-headquartered Shimao Group have announced they will sell shares through private placements after regulators scrapped a decade-old ban on such deals. The ... ( read original story ...)
Shanghai Protests, But Not Too Far
China’s middle class has rarely taken part in political activism over the past 30 years. They are now voicing their discontent – to a point. ( read original story ...)
China property stocks surge on fundraising support; COVID protests cloud demand
Chinese property developers' shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the latest support measure for a cash-squeezed sector that has ... ( read original story ...)
Beijing Property-Support Plans Boost Asian Stock Markets
Asian stock markets excepting Tokyo rallied Tuesday following programs announced by Beijing to support the property sector, including allowing listed real estate companies to again sell shares. Hong ... ( read original story ...)
China, Hong Kong stocks jump as policy relief fires up property, banking shares
Stocks in China and Hong Kong bounced sharply on Tuesday, as investors snapped up property and bank shares after regulators broadened equity financing channels for developers, easing fears of a debt ... ( read original story ...)