H. Kong grants China’s Shimao 4-week reprieve to avert liquidation
The Chinese property developer Shimao Group announced that the liquidation possibility has been adjourned to July…
Browsing Tag
Chinese property sector
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…
Chinese property stocks surge on stimulus hopes
Chinese property developers enjoyed a strong rally on Monday, fueled by speculation that the government will unveil…
China’s Country Garden secures deal to delay bond payments
Struggling Chinese property developer Country Garden has secured an extension on payments for three onshore bonds.
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…
Iron ore prices continue to fall on China demand fears
Iron ore prices continued to decline due to concerns about China's economic outlook, with futures approaching $100…
