There is no risk of China’s property sector woes spreading into a financial crisis but there is a policy-induced housing crisis and restrictions must be further eased. ( read original story ...)
Chinese property exodus gains pace with $120m Waterloo sale
The Chinese are selling out of major Australian property holdings amid tough local conditions and trouble in their home market. The Shanghai-based company’s exit from the project will add to the ... ( read original story ...)
China Property woes deepen with Vanke slump, country garden halt
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis show. ( read original story ...)
China’s Big Five lenders post shrinking margins, warn of property risks
Five of China's largest lenders have posted shrinking net interest margins (NIM), while warning of ongoing property sector risks. Amid a slowing economy, China's lenders are under pressure to reduce ... ( read original story ...)
China’s ICBC to support stabilisation of property market
SHANGHAI: The Industrial and Commercial Bank of China said on Thursday it will support moves underway in the world's second-largest economy to stabilise its property market. The comments were made by ... ( read original story ...)
China property crisis rippling through its biggest banks
Bank of Communications said its property bad loan ratio jumped to 4.99 per cent from 2.8 per cent a year earlier. Read more at straitstimes.com. ( read original story ...)
China, HK stocks end higher, property sector in focus
China's property market volatility has limited impact on the country's financial system, and some " positive signals " have emerged in the market, the central bank's governor said on Monday. Foreign ... ( read original story ...)