China Property Market

Evergrande Chief Suspected Of Transferring Assets Offshore: WSJ

Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer

4 hours ago

Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears

The world's most indebted property developer said a regulatory probe into its main domestic subsidiary, Hengda, had halted the debt…

1 week ago

China’s 1.4bn People Couldn’t Fill Empty Homes: Ex-Official

A former statistics bureau chief has gone public with his negative view of the country’s crisis-hit property sector

1 week ago

Moody’s Sounds Alarm For China’s Troubled Property Sector

The ratings agency fears Beijing’s support measures won’t be enough to turn around the fortunes of the country’s real estate…

3 weeks ago

Five Big Chinese Cities Lift Home Buying Curbs to Aid Developers

The announcements come on the heels of a series of nationwide support measures announced by Beijing for the property sector

3 weeks ago

Evergrande First-Half Net Loss Halved Ahead of Trade Resumption

On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock

1 month ago

China Moves to Boost Affordable Housing, Home Loans Amid Crisis

The country's central bank also said it would stick to the principle that houses are for living in and not…

1 month ago

Unpaid Workers, Halted Projects Add to Country Garden’s Woes

Workers at dorms on two Country Garden sites in Tianjin, a port city of 14 million people about 135 km…

1 month ago

The Pledge That Brought Country Garden to the Brink of Default

Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread…

2 months ago

Country Garden Shares Hit Record Low on $194bn Debt Uncertainty

Reports that China's third biggest developer is considering a debt restructuring, coupled with a warning that it might report up…

2 months ago

China Property Stocks Soar After Beijing Support Pledge

Real estate giants like Country Garden and Sunac China saw their shares rise 18% and 17% while investors also piled…

2 months ago

Hong Kong Court Will Rule on Evergrande Rescue Plan in 6 Weeks

The struggling real estate giant posted a combined loss of $81 billion for 2021 and 2022, deepening investor doubts about the viability of…

2 months ago