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three red lines

Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan

by Anas Siddiqui
Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan

Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could …

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China Vanke sells land once earmarked for new HQ at a huge loss as embattled developer fights to reduce debt mountain

by Anas Siddiqui
China Vanke sells land once earmarked for new HQ at a huge loss as embattled developer fights to reduce debt mountain

China Vanke has sold a plot of land once earmarked for its new headquarters in Shenzhen for 2.24 billion yuan (US$309 million), almost 30 per cent less than it paid …

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China property: ‘underwhelming’ stimulus to fall short of refloating market amid sunken buyer confidence, analysts say

by Anas Siddiqui
China property: ‘underwhelming’ stimulus to fall short of refloating market amid sunken buyer confidence, analysts say

“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 …

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Chinese investors offloaded US$31.7 billion of US commercial real estate over last 5 years, driven by capital controls, lending caps

by Anas Siddiqui
Chinese investors offloaded US.7 billion of US commercial real estate over last 5 years, driven by capital controls, lending caps

Chinese investors, once among the most active buyers of commercial property in the United States, sold US$31.7 billion of US commercial real estate between 2019 and last year, 15 times …

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Ping An denies reports it will take over beleaguered Country Garden and assume developer’s mountain of debts

by Anas Siddiqui
Ping An denies reports it will take over beleaguered Country Garden and assume developer’s mountain of debts

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 …

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