China’s property market, accounting for a quarter of gross domestic ... Average prices of new housing in the country’s four largest cities – Beijing, Shanghai, Guangzhou and Shenzhen – swung from a ... ( read original story ...)
China’s Zhenro Properties slumps after debt warning
Shares and international bonds of Zhenro Properties slumped further on Monday after it said existing internal resources might be insufficient to repay debt due in March. ( read original story ...)
Anantara unveils plans for new China property
Anantara is preparing to make its debut in Anji County in north-western Zhejiang province. A popular escape for nature lovers and hailed, the location is hailed as an eco-tourism destination. ( read original story ...)
China’s Zhenro Properties slumps, says it may not have funds to repay debt
Its dollar bond due Aug. 3 traded at 17.262 cents on the dollar, compared to 20.345 on Friday. Shanghai-based Zhenro, the country's 30th biggest property developer by sales, said in a Jan. 4 filing it ... ( read original story ...)
China’s new home prices perk up as big city demand returns
Beijing, Shanghai and Shenzhen increased 1.0% ... market is expected to gradually stabilise in March or April," said Zhang Dawei, chief analyst with property agency Centaline. "First- and second-tier ... ( read original story ...)
Crisis in China property industry deepens with no end in sight
Unfinished apartment buildings at the Phoenix City residential project, developed by Country Garden Holdings Co, in Shanghai. Almost exactly a year after China’s property-market debt squeeze sparked ... ( read original story ...)
China Orient Asset Management gets approval to issue bonds to resolve risks in property sector
SHANGHAI (Reuters) – China Orient Asset Management said on Friday it was approved to issue up to 10 billion yuan bonds in China’s interbank bond market to resolve risks in the property sector. ( read original story ...)