Category: PROPERTY

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 ...)

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 ...)

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 ...)

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 ...)

Shanghai's average monthly home rent fell 5.6 per cent last month to 102.71 yuan (US$14.20) per square metre, from August, according to creprice.cn Average charges may fall another 1 per cent to ... ( read original story ...)

Real estate analysts tell Radio Free Asia that rich people are selling off properties in cities like Shanghai, Wuhan, Beijing, Jiangsu and Zhejiang. ( read original story ...)

Chinese authorities will ease share financing rules for certain real estate-related firms, fuelling hopes of more measures to aid a sector, whose outlook remains bleak due to a mortgage boycott, COVID ... ( read original story ...)