property sector

New Business

China’s 2025 growth forecast raised to 5% by IMF, citing resilience

China’s economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per cent in 2026,…

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New Business

Investors brace as Beijing’s policy huddle tests durability of China stock rebound

Investors are gearing up for a key economic policy meeting to be attended by President Xi Jinping and other top…

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New Business

China’s property sector needs stronger stimulus: Citigroup economist

Stronger stimulus measures are needed to halt the decline in China’s embattled property sector, as Beijing aims to guide the…

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New Business

Billionaire boom: ultra-wealthy ranks in mainland China and Hong Kong regain momentum

Mainland China and Hong Kong have gained more billionaires, reversing a decline three years ago, after the world’s second-largest economy…

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New Business

Exclusive | Property credit quality issues manageable for Hong Kong banks, HKMA’s Eddie Yue says

Challenges from commercial property credit quality will persist for Hong Kong banks next year, though these may be balanced by…

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New Business

NWD says it has not received proposal from Cheng family on capital injection

New World Development (NWD) shares dropped on Tuesday after the property developer said it has not received a proposal from…

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New Business

New World’s Cheng family weighs capital injection in Hong Kong developer, sources say

New World Development’s controlling shareholder, the billionaire Cheng family, is considering injecting capital into the debt-laden Hong Kong developer as…

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New Business

China’s property loans rise to a 2-year high on policy support

China’s outstanding property loans rose to a two-year high in June, central bank data showed on Tuesday, following a series…

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New Business

China should boost consumption to offset slowdown and trade war with US, IMF says

International Monetary Fund officials urged China on Thursday to boost domestic consumption, address its property sector crisis and prioritise service…

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New Business

No respite in sight for top Chinese developers as profits continue to slump

Major Chinese developers like China Overseas Land & Investment and Country Garden Holdings continue to report disappointing earnings, as the…

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