Real Estate

China Evergrande Seeks Backing for Planned Rejig by March

Evergrande expects to firm up debt restructuring proposals by end-February or early-March, lawyers for the developer told a Hong Kong…

40 mins ago

China Seen Offering Cheap Loans to Boost Developers’ Funds

China's central bank will offer loans with a rate much lower than the benchmark interest rate so financial institutions can…

3 days ago

China Banks Promise Ailing Developers $162 Billion in Credit

Real estate firms’ shares rallied after the move from China’s biggest commercial banks with some stocks rising 18%

4 days ago

China Planning ‘Timely RRR Cuts’ to Boost Liquidity

Economic activity in the fourth quarter "is crucial for full-year growth", according to the State Council meeting chaired by Premier…

4 days ago

Three China Banks Offer Billions to Vanke, Other Developers

Three state banks said on Wednesday they would provide hundreds of billions of yuan in credit to Vanke, Longfor and…

5 days ago

Wuhan Officials Reclaim Land From Debt-Laden China Evergrande

Jianxia district officials reclaimed over 134 hectares (332 acres) of land previously held by a unit of the debt-laden developer

5 days ago

‘More Buyers Needed’ Before China Property Market Revives

The economic fallout of Covid lockdowns in many cities led to many buyers putting off plans to take on debt…

1 week ago

Evergrande Pins Hopes on Onshore Asset Sweeteners Plan

China Evergrande, faced with $300 billion in liabilities, is set to start negotiating debt restructuring terms next month

2 weeks ago

China Home Prices See Biggest Drop in Seven Years in October

New home prices slumped 1.6% year-on-year, according to NBS data, falling for the sixth consecutive month. That is the biggest…

2 weeks ago

China’s Economy Slows as Retail Sales, Factory Output Slip

China's retail sales dropped in October, for the first time in five months, and factory output grew more slowly than…

2 weeks ago

China Property Stocks Soar Over Push to Boost Liquidity

A package of support measures from the PBOC and banking officials was hailed by some analysts as a "turning point"…

2 weeks ago

China Evergrande HQ Land up For Sale at $1 Billion

Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities

2 weeks ago