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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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New Business Jobs

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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New Business Jobs

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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