The governor of China’s central bank talked up the country’s property market and the resilience of its financial system on Monday, as the debt pressures weighing on a leading developer …
Country Garden Holdings said it is doing its best to raise cash and repay holders of its local-currency bonds and avert a default, after a multi-year housing slump damaged confidence, …
Workers build a China Vanke development in Dalian, Liaoning province, China, in September 2019. Photo: Reuters Vanke shares rose more than 10 per cent to HK$6.30 on Tuesday. The Hang …
International ratings agency Moody’s has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales. Moody’s …
Some of China’s largest insurers are sounding the alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the firm …
Link Real Estate Investment Trust (Link Reit), Asia’s largest real estate investment trust, is strengthening its operations in mainland China by taking complete control of a retail property in Shanghai …
Despite a slew of measures rolled out by Chinese regulators recently to boost demand for property, developers are still struggling with weak sales and reported declines of more than 40 …
The beginning of a new year means joy and hope for many people, but not for big Chinese developers at the dawn of 2024, after a downward trend in home …
Chinese regulators are urging banks to ramp up financing support for property developers, but the benefits might be felt differently among developers as banks – given some wriggle room to …