HONG KONG (AP) — State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week as the ...
The fallout in China's property sector is showing no signs of abating, as more developers face the threat of default — even as uncertainty over the fate of heavily indebted Evergrande looms. Stream ...
BEIJING, April 29 (Reuters) - China's outstanding property loans stood at 51.7 trillion yuan ($7.57 trillion) at the end of ...
SHANGHAI/HONG KONG (Reuters) -China's nascent private REIT market has emerged as a rare bright spot for cash-strapped developers, with a record fundraising pipeline of $12 billion for this year, ...
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences. A China Evergrande development in Beijing on ...
The founder of China Evergrande Group, the world's most indebted property developer, pleaded guilty to eight charges ...
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China’s property slump far from over despite embattled developer Country Garden’s return to profit
Analysts say the sector is still grappling with uneven price recoveries, a supply glut and weak home-buyer confidence. Read more at straitstimes.com. Read more at straitstimes.com.
HONG KONG (AP) — State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week as the ...
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