property sector

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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New Business

Chinese state banks’ 2024 profits rise and bad loans dwindle even as margins narrow

Chinese banks are reporting higher profits and smaller bad debts, helped by the central bank’s flexibility on how lenders provide…

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New Business

China widens fiscal window to step up spending, counteract US tariffs

China has set its highest deficit ratio in history – 4 per cent this year, allowing for more government spending…

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New Business

Explainer | ‘Two sessions’ set to unveil China’s top economic priorities for this year

China’s top policymakers will gather in Beijing this week for the annual “two sessions”, the country’s biggest political event, where…

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New Business

Sino-Ocean wins Hong Kong court approval to proceed with US$6 billion debt workout

Sino-Ocean Group has taken another big step to resolve its liquidity crisis after a Hong Kong court approved its US$6…

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New Business

China’s property market still needs more support, Goldman Sachs says

China’s policy easing since September has been “more effective” than past interventions to stabilise the struggling property market, but “structural…

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New Business

Analysts expect China property market recovery in 2025 after seeing improvement in January

Analysts believe a broad recovery in China’s property market would come this year, after new home prices in first-tier cities…

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New Business

China stocks set for US$236 billion influx from state-owned investors: UBS

China’s plan to draw long-term capital into its stock market, as a stabilising measure amid escalating tensions with the US,…

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New Business

Sunac’s onshore debt deal bodes well for China’s troubled property sector: experts

Developer Sunac China Holdings secured approval for the restructuring of its onshore debt, a move that participants in the property…

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New Business

Chinese builder Country Garden details offshore debt restructuring

Indebted Chinese developer Country Garden Holdings has proposed restructuring terms that aim to reduce its offshore debt by up to…

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