Hi, this is Allen Wan in Shanghai, where we seem to be watching more dark clouds form over the nation’s property market.
China Vanke made a fresh effort to muster bondholder backing for an onshore debt repayment due this week and avoid a default after the state-backed developer's initial plan was rejected, renewing ...
Bondholders for one of China’s biggest real estate developers extended a grace period to negotiate a delayed repayment of a ...
“Developers prefer low-fee contract construction work rather than developing their own idle land,” a manager at a defaulted ...
Charlene Chu, a debt-focused senior analyst at Autonomous Research, sees trouble at China Vanke as a sign that the country’s ...
One of China’s biggest state-backed developers, Vanke, is on the brink of default. The firm has amassed $52 billion in debt ...
China Jinmao Holdings, the property development arm of state-backed Sinochem Holdings, has sold a tourism subsidiary that ...
The "alliance's repurchase price will be the higher of the market price before the blast or the price at which residents bought their homes", Xinhua said, adding that homeowners would still be ...
HONG KONG (Reuters) -Chinese property developer Seazen Group is setting up an institute in Hong Kong to push forward real-world asset (RWA) tokenization, it said on Friday, a process that converts ...
Property downturn continues since Evergrande collapse nearly 5 years ago as developers struggle amid weak household ...
For struggling property giants seeking any indications of a turnaround in China’s prolonged real estate crisis, “topping off” a building is cause for celebration. On the outskirts of Lanzhou, a city ...
A property boom that kicked off in the early 2000s became one of the biggest, fastest generators of wealth in history. Art ...
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