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China’s embattled property industry will rebound in second half of 2024, says Zhang Yadong, chairman of developer Greentown

“Property is a gargantuan sector which cannot be replaced by any other industry,” he said. “The downturn may extend into the first half of 2024, but we foresee a rebound …

Spurred by a domestic property debacle and a currency sell-off, Shanghai high-net-worth individuals hunt for overseas homes

by Anas Siddiqui

Meanwhile, the clamour for overseas assets is creating a different kind of pricing pressure in some overseas markets. Visitors at the LPS Shanghai, a luxury real estate show on December …

China’s high-yield property bonds hand investors a 22% loss in 2023 as developer defaults continue

by Anas Siddiqui

China’s US dollar-denominated high-yield bonds, dominated by property debt, have landed investors a 22 per cent loss so far this year, after a 33 per cent slump in each of …