Debt-laden property developer China Vanke’s contracted sales rose in May as the country’s biggest home builder resumed investments in new projects after getting bank funding and following Beijing’s stimulus policies …
“This is a buyer-led market, where I must offer more benefits to lure buyers,” Xiong lamented. In fact, he worries that the new policies reinforce the idea that the market …
Troubled property developer China Vanke will receive a 7.8 billion yuan (US$1.1 billion) lifeline in the form of bank loans guaranteed by its subsidiaries, a day after the company had …
The Hang Seng Mainland Properties Index, a gauge tracking 10 home builders listed in Hong Kong, advanced 4.5 per cent to 1,430.88 at the Thursday close, the highest so far …