STORY: The Hong Kong stock exchange suspended share trading in more than 30 Chinese developers on Friday (April 1).It comes after the firms missed the end of March deadline to declare their annual ... ( read original story ...)
China property developer CIFI to issue $250m convertible bonds
Co Ltd said on Friday it will issue HK$1.96 billion ($250.22 million) three-year convertible bonds for refinancing a bond maturing this month. The Shanghai-based company is one of the few Chinese ... ( read original story ...)
Save a car! Mortgage interest rate “flying close to the ground” the property market fancy soliciting passengers is good for this kind of variety?
Since the beginning of this year, it is not uncommon for mortgage interest rates to fall, with popular cities such as Guangzhou, Nanjing, Hangzhou and Suzhou bearing the brunt. Individual cities have ... ( read original story ...)
Shanghai lockdown: Hong Kong developers Kerry and Hang Lung looking at ways to support shopping centre tenants in China’s financial capital
'Currently looking at the best way to support each of our tenants': Kerry Properties Swire Properties says it will provide support to retail tenants at HKRI Taikoo Hui and Taikoo Li Qiantan on a ... ( read original story ...)
Chinese Property Giant Country Garden Tries to Prove Its Doubters Wrong
Country Garden said its net profit for 2021 fell 23%, in what it described as a year of turbulence and upheaval for China’s property-development industry. ( read original story ...)
A Lockdown of Shanghai Tests the Limits of China’s Zero-COVID Policy and Rattles the Markets
A two-phase lockdown of Shanghai’s 26 million people is testing the limits of China’s hard-line “zero-COVID” strategy, which is shaking markets far beyond the country’s borders. China’s largest city ... ( read original story ...)
Oil prices tumble as China announces major new lockdown for Shanghai
FEARS of a slowdown in China have sent oil and Asian stocks tumbling as the country's zero Covid policy comes under increasing question. ( read original story ...)