Chinese developers Tag

16 Apr China’s home prices fall for 10th straight month in fresh alarm for stronger policy response, revival plans

Posted at 05:28h in Asia

China’s home prices in the primary market fell for a 10th consecutive month in March, showing the government’s measures to support the nation’s struggling developers and lift consumer confidence are not sufficient to arrest the slump.Prices of new homes in 70 medium and large cities...

21 Feb Bank of East Asia cut its exposure to China’s troubled commercial property sector last year

Posted at 09:15h in Asia

The bank’s debt in the country’s commercial real estate sector has come down to 7.7 per cent of total lending, just over half what it was two years ago, and is expected to continue downwards. Yet BEA still made significant provisions for bad loans.“We continued...

07 Feb R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities

Posted at 12:07h in Asia

Guangzhou R&F Properties, a defaulted Chinese developer, is banking on Hong Kong tycoon Cheung Chung Kiu in a distressed sale of its asset in London, the latest attempt to help trim US$42 billion of liabilities and survive a three-year slump in China’s housing market.The...

Chinese developers Tag

16 Apr China’s home prices fall for 10th straight month in fresh alarm for stronger policy response, revival plans

21 Feb Bank of East Asia cut its exposure to China’s troubled commercial property sector last year

07 Feb R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities

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