The carmaking unit of troubled property giant China Evergrande has been asked by China’s local governments to return 1.9 billion yuan (US$267.7 million) of subsidies after the company failed to …
Investors will need to see more positive signals from China’s property market before calling a stabilisation in the industry, as the unprecedented bailout package introduced last week may be insufficient …
Consumer sentiment and business confidence will pick up now that China has introduced a series of “pragmatic” measures to revive the property and capital markets with a view to aiding …
“These included the Hong Kong stock market rising above 19,000 points with trading volume hitting a half-year high, increased opportunities for US interest rate cuts, and mainland China proposing multiple …
Beijing has announced 300 billion-yuan (US$41.5 billion) in funding to help clear excess housing inventory, as well as measures to ensure developers have access to financing and to encourage the …
Chinese cities are rushing to dismantle a long-standing housing policy regime designed to keep speculators at bay, with Hangzhou and Xian being the latest major cities to remove all home …
Last year, China approved an updated set of accounting rules that allows companies to include data resources as either “intangible assets” or “inventories” in their financial statements. 08:36 A vanishing …
Mortgage insurance for residential property in Hong Kong continues to rise amid a jump in transactions following the removal of cooling measures, hitting a 10-month high in April. Newly approved …
Cash-strapped developer China Vanke is putting more of its fringe assets up for sale to stave off a liquidity crisis and pare US$147 billion of liabilities, after a multi-year slump …
The city of Lishui, in China’s eastern Zhejiang province, is not the type of place that would normally have much relevance in the country’s vast property market. But a singular …