property market

New Business

China ‘stepping in’ as property concerns mount, but no ‘treading the old path’

Premier Li Qiang’s remarks on further shoring up the property sector and escalating policy support are said to be indicative…

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New Business

Cifi creditors approve US$7.9 billion offshore debt restructuring plan

Distressed Chinese developer Cifi Holdings won backing from a majority of creditors for a US$7.9 billion offshore debt revamp, a…

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New Business

China’s new home prices stabilise as rate cut, lifeline funding lift market confidence

Home prices in major cities in mainland China stabilised, holding onto recent gains as lower borrowing costs and state-led measures…

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New Business

Earthquake jitters sway Thailand’s office market, send tenants scrambling for low-rises

The earthquake that shook Myanmar and Thailand in March has weighed on office property demand in Bangkok, with some tenants…

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New Business

China’s long, nagging property market downturn nears stabilisation: analysts

A prolonged downturn in China’s property market is approaching a point of stabilisation, analysts said, as low rates and affordable…

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New Business

Why Hong Kong’s interbank rate at 30-month low is a relief for homeowners, companies

Mortgage borrowers and companies are likely to benefit from a sharp fall in the Hong Kong interbank offered rates (Hibor),…

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New Business

HKEX to pay US$812 million for office, retail space in Exchange Square as permanent home

Hong Kong Exchanges & Clearing has agreed to pay HK$6.3 billion (US$812 million) for office floors and retail space in…

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New Business

Opinion | More of China’s spending power needs to be unleashed. Here’s how

There are signs that the Chinese economy has been improving, owing to the government’s September 2024 stimulus package. Year-on-year gross…

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New Business

Chinese developer Sunac reaches deal with key creditors on offshore debt revamp plan

Sunac China Holdings has reached an agreement with key creditors to restructure US$9.6 billion in offshore debt, marking another step…

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New Business

China’s new-home prices extend decline for 22nd month, but stimulus offers hope

China’s new-home prices fell for a 22nd straight month in March, but the declines continued to narrow as government support…

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