The value of housing sales snapped more than a year of falls to post a small gain in the first two months of this year, while prices of second-hand homes and most new housing in major cities rose ... ( read original story ...)
Chinese developer Yuzhou joins peers in flagging hefty annual losses
Shanghai-based Yuzhou Group Holdings on Wednesday forecast a massive annual loss, as a severe slowdown in China's real estate sector hurt its operations. Yuzhou is the latest in a series of Chinese ... ( read original story ...)
Opening-up, stress on value chains praised
"In this context, China's ambition of high-quality opening-up that focuses on increasing trade and attracting foreign direct investment flows is very welcome," he said, adding that the country has ... ( read original story ...)
China developer Country Garden sees 2022 loss amid property market slump
The company logo of Chinese developer Country Garden is displayed at a news conference in Hong Kong, China March 20, 2018. REUTERS/Bobby Yip ... ( read original story ...)
Chinese property developer CIFI warns of US$2 billion loss for 2022, as the cash-strapped firm formulates plan to repay defaulted offshore debt
Shanghai-based CIFI said that it expected a loss ranging from US$1.87 billion to US$2.02 billion for 2022 The shortfall was mainly attributed to a decline in the number of properties delivered and ... ( read original story ...)
Chinese buyers ready to scoop up ‘better value’ Thailand property for investment, retirement as travel resumes between the 2 countries
Bookings for flights to Thailand from China went up by 67 per cent in February compared to a month earlier, Trip.com data shows Thailand's tourism authority says it welcomed 161,540 Chinese tourists ... ( read original story ...)
Chinese property developer CIFI posts profit warning, as the cash-strapped firm formulates plan to repay defaulted offshore debt
Shanghai-based CIFI said that it expected a loss ranging from US$1.87 billion to US$2.02 billion for 2022 The shortfall was mainly attributed to a decline in the number of properties delivered and ... ( read original story ...)