Chinese property stocks and bonds soared on Monday as the market cheered an extensive package outlined by Chinese regulators to shore up financing in the embattled real estate sector, with the ... ( read original story ...)
China property slump persists in October with falling prices, sales as COVID bites
China's property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID curbs that have ... ( read original story ...)
Chinese Property Bonds Set Record Lows as Investors Lose Faith
Bonds from some of the strongest developers trade below 10 cents on the dollar; ‘everyone is scared’ By Rebecca Feng – The Wall Street Journal The bottom has fallen out of the market for bonds from ... ( read original story ...)
Shanghai Completes Its $5 Billion Transformation of the Suzhou Creek
Long considered an eyesore, the city’s central river has received a massive overhaul over the past 25 years. That project finally culminated with the launch of a new tourist cruise yesterday. ( read original story ...)
Economic concerns weigh on Shanghai’s retail property recovery
Retail sales fell 12% in the first eight months of 2022. China’s biggest city of Shanghai has enjoyed stronger confidence in its retail market, but economic concerns continue to weigh on consumers, ... ( read original story ...)
Auditor Exodus At Embattled China Property Firms Triggers Governance Concerns
Auditors of at least 14 Hong Kong-listed Chinese property firms have exited this year, securities filings showed, raising governance concerns about the debt-ridden developers several of whom are yet ... ( read original story ...)
CIFI’s suspended debt repayments add to China’s property woes
Shanghai-based property developer CIFI Holdings said on Tuesday it has suspended payments on all of its offshore debt after it failed to reach an agreement with creditors to which it owes $414 million ... ( read original story ...)