Three of the top five issuers - Evergrande, Kaisa Group and Sunac China have already defaulted their dollar bonds. ( read original story ...)
Chinese property developer Shimao misses repayment on $1 billion bond
Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled property market. ( read original story ...)
Legoland Shanghai Adds Commercial Property Ahead of 2024 Opening
Legoland’s upcoming theme park in Shanghai, which will become the Danish toy brand's third in China, is making strides to open in 2024 with another facility included in the project. Jinshan City ... ( read original story ...)
Latest Chinese carrier sign of stepped-up challenge to U.S., allies
When China’s first domestically-designed and built aircraft carrier slid into the water last month at a shipyard outside Shanghai, it was seen — at home and abroad — as a symbol of Beijing’s ... ( read original story ...)
Yanlord Group collects $1.02b from pre-sales in Shanghai apartment launch
SGX-listed Yanlord Land Group Limited announced a 100% sellout after it collected $1.02b (RMB6.085b) pre-sales during the third batch of its apartment launch. ( read original story ...)
China’s Long-Suffering Property Stocks Aren’t Yet a Buy
Hints of a bottom for sales in large cities have lifted shares in recent days. But extrapolating to the much broader national property market is risky. ( read original story ...)
Shanghai world’s most expensive city for 2nd straight year: Report
Shanghai, China's most populous urban area, has become the world's most expensive city for the second consecutive year, according to a report released Thursday. Prices of cars and residential property ... ( read original story ...)