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China property crisis: Dexin joins list of developers ordered to liquidate in Hong Kong

by Anas Siddiqui
China property crisis: Dexin joins list of developers ordered to liquidate in Hong Kong

It had 64.4 billion yuan (US$8.9 billion) of liabilities in total as of the end of 2023, according to its annual report. The liquidation order, which was issued by Justice …

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China’s rescue balm fails to soothe housing pain as inventory overhang, poor sales rankle

by Anas Siddiqui
China’s rescue balm fails to soothe housing pain as inventory overhang, poor sales rankle

China’s ambitious rescue package for its crisis-hit property sector has impressed neither investors nor analysts, some of whom have lowered their forecasts as prices remain under pressure amid a mammoth …

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