Shenzhen Logan Holdings Co, the onshore entity of Chinese property developer Logan Group, saw some of its renminbi bonds tumble to below Rmb30 ($4.75) by Thursday, after the company finally admitted ... ( read original story ...)
Commercial property projects touting ‘preservation’ as underlying theme sprout across China
Real estate developments that combine an element of preservation are becoming popular in China, with some companies taking a keen interest in such projects. ( read original story ...)
‘Two sessions’ 2022: the embattled Chinese property moguls likely to be feeling the heat over debts
Six of the 13 property chairmen attending the meetings will be representing developers that have either officially defaulted on their debts or have asked creditors for more time. ( read original story ...)
China commercial paper delinquencies double in Feb amid property crisis
The number of Chinese companies "consistently overdue" on commercial paper payments more than doubled in February from a month earlier as the Chinese property sector continued to struggle with a ... ( read original story ...)
Divergence widens in onshore property bonds
More Chinese developers find their way into the domestic debt market but privately-owned companies still struggle ... ( read original story ...)
Chinese developer Shimao-guaranteed $174 mln notes due March may not be redeemed – trustee
Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the notes said in a filing, as the debt crisis for ... ( read original story ...)
China Broadens Real Estate Lending Support to Bigger Cities
as policy makers try to engineer a soft landing for the property market. While most residential sales come from third- and fourth-tier cities, large urban centers like Shanghai are often ... ( read original story ...)