China’s new home prices show slight in Dec. ’24
New home prices in China increased slightly faster in December 2024, according to a private survey.
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China’s property sector
Shanghai eases property taxes to boost sluggish market
Shanghai, China will lower real estate transaction taxes starting December 1st to boost the property market.
China’s Country Garden proposes debt restructuring
China's Country Garden has submitted preliminary terms of an offshore debt restructuring proposal to some creditors…
Sunac China unveils debt restructuring plan for mainland creditors
Chinese property developer Sunac China (1918.HK) announced on Thursday that it had proposed a debt restructuring…
China’s property stocks soar on easing rules
China's property sector witnessed a dramatic turnaround on Monday, with shares of major developers surging on the…
China to slash mortgage rates for existing loans by end-Oct
China's central bank, the People's Bank of China (PBC) announced on Sunday a critical step to revive fragile…
China’s new home prices rise at slower pace in August
China’s new home prices continued to rise in August, but the pace of growth slowed.
China’s soaring exports signal weak domestic demand
China's exports of fuel and metals in June exceeded last year's levels, indicating weak demand from the country's…
China’s new home prices plunge at fastest pace in 9yrs
China's home prices saw a significant drop in June, the largest in nine years.
JPMorgan lowers emerging market default forecast
JPMorgan revised its forecast for emerging market (EM) corporate defaults on Monday, citing the most significant…
China’s industrial profits face slower growth in May
China's industrial profits reported a 0.7 per cent year-on-year increase in earnings for May, a significant drop…
China’s housing conversion plan faces doubts amidst developer concerns
China's plan to convert unsold homes into affordable housing may not provide much relief to struggling developers.
China’s property stocks enter bear market as doubts linger
China's property sector is under pressure as stocks enter a technical bear market, signalling investor doubts about…
China’s revenue drops 2.7% in first four months of ’24
China's economic recovery faces a slowdown as year-on-year fiscal revenue growth worsens, with a 2.7 per cent…
Asian shares hit 15-m high on US rate cut bets
Asian stocks surged to a 15-month high on Tuesday, fuelled by renewed optimism about interest rate cuts in the…
IMF lifts global growth forecast to 3.2% in ’24
The International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1…
China’s PMI reaches 50.8 in March
China's manufacturing index returned to positive territory for the first time in six months, reaching 50.8 in…
China’s home prices see fastest rate in 2.5 yrs
New home prices in China increased at the fastest rate in over two and a half years in March compared to the…
China’s manufacturing activity rise in March – survey
China's manufacturing activity expanded in March for the first time in six months, as the PMI rose to 50.8 from…
Chinese households struggling over mortgage delinquency
Former finance worker Lei Xiaoyu in a southern Chinese city is being pursued by debt collectors due to a mortgage…
China’s exports jump 7.1% in Jan-Feb
China's exports were up 7.1 per cent year-on-year, surpassing expectations, while imports also grew by 3.5 per…
China’s Country Garden faces liquidation petition
Chinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which…
UAE’s ADIA mulls acquiring stake in China’s Wanda
Abu Dhabi Investment Authority (ADIA) is planning to acquire a minority stake in China’s Zhuhai Wanda Commercial…
Asian stocks subdued as China property sector worries weigh on
Stocks in Asia fell on Tuesday, hurt by the court-ordered liquidation of property giant China Evergrande and ahead…