Real Estate

China Will Favour Developers Who Help the Masses: Minister

China's housing minister has reportedly warned that developers who "harm the interests of the masses" will be punished by not…

3 weeks ago

Evergrande Hires Legal Teams as China’s Property Crisis Deepens

The liquidation of Evergrande is expected to take over a decade, and with many other developers in default, analysts expect…

3 weeks ago

Doubt on China’s Plan to Lift Consumption, Maintain Growth

Analysts say there are contradictions and gaps in government plan to boost consumption while curbing debt and overcapacity that undermine…

3 weeks ago

PM Pledges to Revitalize China’s Economy, Aims at 5% Growth

PM says party will "push ahead with transforming the growth model", while aiming to create 12m jobs and curbing excess…

3 weeks ago

All Eyes on Premier Li Qiang’s Work Report at China Congress

Premier will outline key economic goals, but may also cast light on "new productive forces" - steps to promote strategic…

4 weeks ago

China Property Sales Drop for 10th Straight Month in February

China's top 100 developers saw contracted sales of 185.7 billion yuan ($25.8 billion) during the month – a year-on-year decline…

4 weeks ago

China’s Shimao Group ‘Faces Liquidation Suit From Foreign Bank’

Deutsche Bank is preparing to file a liquidation suit against Shimao in a Hong Kong court this month - a…

4 weeks ago

Major Investment Shifts in Asia, as China Hedge Funds Plunge

Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan,…

4 weeks ago

Country Garden Liquidation Petition Clouds Huge Debt Revamp

China's biggest developer, now in default, vows to fight petition filed by a creditor for non-payment of a $205m loan;…

4 weeks ago

Restructuring Firms Busy in Hong Kong Amid China Property Crisis

Demand for debt restructuring professionals has seen a significant uptick since the beginning of 2023 and the trend is expected…

1 month ago

Creditors Set to Sue State Shareholder of Chinese Developer

Offshore creditors plan to sue state-owned Shenzhen SEZ Construction and Development, which holds 29% of China South City, because of…

1 month ago

China Banks Approve $17bn For Housing as Policy Debate Rages

The first chunk of funds earmarked for housing projects endorsed by city officials has been issued, as debate rages over…

1 month ago