Moody’s has stripped mainland Chinese developer Longfor Group Holdings of its investment-grade credit ratings, citing a negative sales outlook because of sluggish home sales and funding conditions. The credit ratings …
The Rhenus Group, a global logistics services provider, is betting on growth in China and Asia-Pacific after acquiring assets in the region to prepare for a rebound in trade and …
Indebted Chinese developer Country Garden on Friday reported that its October sales remained near a punishing low established in September amid a collapse of buyer confidence that has pummelled the …
Ping An Insurance (Group) has denied a Reuters report citing sources that Beijing has asked it to take over Country Garden Holdings and assume the beleaguered property developer’s debts, according …
The founder and chairman of indebted property developer Country Garden top a list of 34 Chinese business magnates who each promised to give away at least 100 million yuan (US$13.7 …
As China’s property sector – once a steadfast contributor to a sizeable chunk of the country’s gross domestic product (GDP) – becomes a less reliable growth driver under a cloud …
Guangzhou has become China’s first tier-1 city to introduce housing vouchers to compensate residents displaced under urban-renewal efforts, a move that analysts say will boost local housing demand and ease …
China Evergrande: Hong Kong court adjourns winding-up hearing by 5 weeks, signals last reprieve for developer to sort out its debt A Hong Kong court has adjourned a winding-up hearing …
China’s expanded Reit programme to ease funding for commercial property landlords, widen choices for investors China is giving the nation’s property sector another boost by allowing commercial landlords to pool …
Fantasia Holdings Group has signed an initial agreement with a Hangzhou-based property services company that could help the struggling mainland Chinese developer alleviate its liquidity pressure and step up its …