China has asked 12 banks to provide financing to the beleaguered state-owned real estate firm, Vanke Group, just days after the housing and urban-rural development ministry vowed to let insolvent ... ( read original story ...)
Why China’s property crisis could get more severe
The logo of property developer China Vanke is seen on gates at a construction site in Shanghai, China, March 21, 2017. (Photo/Reuters) Vanke, traditionally viewed as a stable entity, has encountered ... ( read original story ...)
Latest on China Property Crisis: Debt Woes Deepen at Country Garden
Country Garden missed a local bond payment—the latest difficulty for a giant once seen as among China's strongest property developers, but which has been pushed to the brink by the country's ... ( read original story ...)
China stocks fall as Country Garden drags property developers lower
SHANGHAI: China stocks fell on Wednesday, dragged by property developers as Country Garden missed a coupon payment amid some profit-taking after no policy surprise from the annual parliament meeting, ... ( read original story ...)
UPDATE 1-China’s first two consumption-related REITs slide in early trade in Shanghai debut
China's first two public real estate investment products based on commercial retail spaces slipped in early trade after their Tuesday debut, showing investors remain cautious towards property assets ... ( read original story ...)
China’s Property Bubble Popped. These Cities Are Taking the Brunt.
The number of completed but unsold homes are in the millions, with one housing official saying billions could be possible. ( read original story ...)
China’s property debt woes deepen with developer Vanke under closer scrutiny
Insurers are reportedly sounding an alarm over the debt risks of China’s second-biggest developer by sales. Read more at straitstimes.com. ( read original story ...)