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Tag: property

Posted on 21/02/2022

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 ...)

Posted on 19/02/2022

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 ...)

Posted on 18/02/2022

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 ...)

Posted on 16/02/2022

Evergrande crisis: auditor resignations trigger alarm bells amid hidden debt at Chinese property developers

Shimao Group's mainland unit will change its auditor, Shanghai Certified Public Accountant, for the first time in 27 years on January 24. The changes are a red flag for investors who have been putting ... ( read original story ...)

Posted on 16/02/2022

Shimao plans to extend $947 mln trust loan payments by two years -sources

SHANGHAI, Feb 16 (Reuters) - Chinese property developer Shimao Group (0813.HK) plans to extend payments of a trust loan worth 6 billion yuan ($947 million) by two years, it told an online meeting with ... ( read original story ...)

Posted on 15/02/2022

China’s local governments, hit by property market slowdown, court foreign investment to steady growth

Shanghai on Friday announced it had signed off on 53 foreign ... including construction and residential property development, and around 25 per cent if taking into account upstream and downstream ... ( read original story ...)

Posted on 15/02/2022

China developers’ bonds extend slide on repayment concerns

Bonds of Chinese property developers continued to fall on Tuesday, underscoring investor worries in the beleaguered sector following weak sales data and fresh rating downgrades. SHANGHAI, Feb 15 ... ( read original story ...)

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