China property

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China Resources Land posts record decline in its interim profit amid housing market torpor

China Resources Land (CR Land) has reported its worst interim profit drop on record, as the torpor in the nation’s…

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China property: Shanghai’s luxury homes sell out as developers target the super-rich

China’s luxury property market, which seems to have skirted the gloom in the mass housing segment, has catalysed developers to…

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Unit of Chinese developer R&F Properties defaults on US$147 million in interest payments

Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…

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Exclusive | Nobel-winning economist Michael Spence on China’s future in a tech-driven world

However, over time – partly because of China’s own growth and development and partly because of the growth of other…

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Shenzhen joins Chinese local governments taking unsold homes off developers’ hands

Shenzhen has become the first tier-1 Chinese city to buy up unsold homes, joining several other local governments that heeded…

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Chinese retail investors, eager for returns, looked overseas – then came Monday

As China’s economy attempts a return to pre-pandemic stability, its premier indexes have reflected its struggles. Shanghai’s Composite Index has…

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China, US middle classes a crucial link in relationship chain, analyst argues

China’s middle class is a group to which the country’s policymakers should be paying close attention, a prominent political scientist…

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Exclusive | Bondholders urge Chinese defaulter Sino-Ocean to rejig US$6 billion debt plan after slamming big haircuts, weak recovery rates

Some offshore bondholders are urging Sino-Ocean Group to revise its US$6 billion debt restructuring terms to win greater support from…

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China’s land purchases shrank 38% in first 7 months of 2024 amid festering property slump

China’s property developers have slowed their land grab as a slowdown in home sales continued in the industry, deterring their…

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Bondholders ‘strongly oppose’ Chinese developer Sino-Ocean’s debt-revamp plan

Embattled Chinese developer Sino-Ocean Group faces the risk of liquidation amid challenges to secure enough consent votes on a restructuring…

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