The number of Chinese companies "consistently overdue" on commercial paper payments jumped 26% in December from a month earlier as a liquidity crunch hitting Chinese property developers reduced their ... ( read original story ...)
Developer Shimao’s fire sale, new rating cuts keep China property on edge
Shanghai-based developer Shimao has put all its projects on sale, local media reported on Monday, and more Chinese property firms suffered credit rating cuts, leaving markets torn between hopes a ... ( read original story ...)
Shimao Puts Residential Projects on Sale as China Property Woes Deepen
Shimao has put all its projects on sale, local media reported, as Chinese property developers face mounting pressure to negotiate with their creditors to ease a liquidity squeeze in the sector that is ... ( read original story ...)
Chinese developer Shimao puts all property projects on sale: Caixin
SHANGHAI: Shimao Group Holdings has put on sale all of its real estate projects, including both residential and commercial properties, as the cash-strapped Chinese property developer accelerates asset ... ( read original story ...)
Shimao Group’s Shanghai unit defaults on US$101m project loan in latest blow to China’s embattled property market
The start of 2022 has been turbulent for Chinese developers as mountains of debt come to maturity, adding to their financial woes. ( read original story ...)
China property tax trial likely delayed during real estate downturn
China’s property tax could be another casualty of the slump in the housing market, with analysts expecting the government to hold off on expanding trials of the levy because of a real estate-led ... ( read original story ...)
China Property Tax Trial Likely Delayed During Real Estate Slump
China’s property tax could be another casualty of the slump in the housing market, with analysts expecting the government to hold off on expanding trials of the levy because of a real estate-led ... ( read original story ...)