Two-thirds of major listed companies in closely aligned sectors such as construction reported falling first-half profits, with half swinging from profit to loss. ( read original story ...)
China’s 2022 property sector outlook worsens, home prices seen falling
Woes in China's residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in ... ( read original story ...)
Despite Economic Headwinds, Global Commercial Property Investment Remains Attractive in 2022
According to global property consultant CBRE, following a strong global economic recovery in 2021 and early 2022, macroeconomic headwinds are raising fears of a broad-based downturn as central banks ... ( read original story ...)
Worst China Property Earnings Since 2008 Signal More Stock Angst
China’s property developers posted their worst first-half earnings in over a decade, an outcome that will likely pressure stocks further even as the government boosts efforts to stabilize the sector. ( read original story ...)
China’s Economic Outlook Dulled By Fresh Property, COVID Woes
Persistent weakness last month in China's property market and manufacturing sector, which combined account for half of the country's gross domestic product, renews risks to its recovery already ... ( read original story ...)
China’s Largest Banks Show Wounds From Property Sector Crisis
BEIJING/SHANGHAI (Reuters) -Five of China's largest banks showed wounds from the ongoing property sector crisis, with bad debts linked to real estate surging in the first half of the year, even as ... ( read original story ...)
China’s Largest Banks Show Wounds From Property Sector Crisis
BEIJING/SHANGHAI (Reuters) -Five of China's largest banks showed wounds from the ongoing property sector crisis, with bad debts linked to real estate surging in the first half of the year, even as ... ( read original story ...)