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New Business

China’s property slump is not over yet with home sales, rents under pressure: Fitch

China’s property market downturn is likely to persist this year with slower home sales and construction activity, hobbled by “structural…

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New Business

Hong Kong court adjourns Country Garden liquidation-petition case until May 26

Justice Linda Chan adjourned the case until May 26 after hearing a petition from Ever Credit, a unit of Hong…

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New Business

China property: rising home sales bode well for sector reeling for last 4 years

Mainland Chinese developers’ hopes for a better start to the new year received a boost as home sales picked up…

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New Business

New year, old problems for Chinese developers as debt crunch keeps bond investors wary

The new year is likely to offer little respite for troubled Chinese property developers amid lingering concerns about debt maturity,…

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New Business

Chinese developer Sunac sells stake in Harbin Ice and Snow World Park for US$138 million

Beleaguered property developer Sunac China Holdings has sold its stake in Harbin Ice and Snow World Park, operator of one…

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