Troubling news continues to flow from China’s property market as a series of mainland developers report sharp slowdowns and even reversals from last year’s robust first-half profits before the current ... ( read original story ...)
China’s Bank of Communications warns of property market risks
BEIJING/SHANGHAI (Reuters) -China's Bank of Communications (BoCom) on Friday warned of liquidity risks in the property sector after it posted an almost 5% rise in first half net profit. "Asset quality ... ( read original story ...)
Exclusive: Some Chinese financiers cold shoulder Beijing’s property rescue call
Some of China's state-backed financial institutions are pushing back on Beijing's calls to support the embattled property sector due to concerns about the impact of such exposure on their balance ... ( read original story ...)
EXCLUSIVE Some Chinese financiers cold shoulder Beijing’s property rescue call-sources
Some of China's state-backed financial institutions are pushing back on Beijing's calls to support the embattled property sector due to concerns about the impact of such exposure on their balance ... ( read original story ...)
China’s property market is in freefall. What does this mean for the world economy?
The sector is dangerously overheated – but unlike the 2008 financial crisis, the global ripple effect is likely to be limited, says professor of economics Keyu Jin ... ( read original story ...)
China stocks fall as property woes, COVID concerns weigh
Article content ** Real estate developers lost 1.4%, after closing almost flat in the previous session, even as China cut its benchmark lending rate and lowered the mortgage refer ... ( read original story ...)
China needs ‘non-traditional’ cure for housing slump as third rate cut fails to inspire property stocks, money managers
Chinese lenders cut their lending rate closely linked to home mortgages. The market reaction was muted as Poly Development and peers languished in onshore markets. ( read original story ...)