China property market

The Latest

  • China's Politburo Approves PBOC Measures To Bolster Economy
    Yuan
    One of the measures, which will further cut most banks' required reserves, is expected to release another $188 billion into the economy.
  • China Evergrande Fires Salvo In What Might Be China-Wide Property Price War
    China Evergrande
    China Evergrande is offering 30 per cent discounts on all its unsold properties in a bid to raise cash to repay debt.
  • HKMA Eases Financing Rules For Non-Home Properties
    Hong Kong
    The city's de facto central bank will increase the amounts banks are allowed to issue to borrowers with non-residential properties.
  • New World Development Disposes Of Non-Core Assets Worth $460 Million
    Hong Kong Property Sector
    New World Development Limited sold its 45 percent stake in a property in Sheung Wan for HK$2.36 billion and another property in Happy Valley for HK$1.21 billion.
  • China Vanke Aiming To Raise $1 Billion In New Stock Placement
    China Vanke
    China Vanke launched a second stock placement, issuing an additional 315.59 million new shares priced at HK$25 each.
  • First Home Sale In Hong Kong In Months Underperforms
    Hong Kong Property Market
    China Evergrande only managed to sell 49 units out of the 141 flats it offered to buyers at large discounts during the first major property sale in Hong Kong in over two months.
  • Hongkong Land Holdings Pays Record $4.43 Billion For Property In Shanghai
    Shanghai Property Market
    Hongkong Land Holdings Limited paid a record $4.43 billion for a parcel of land located in the West Bund area within the city of Shanghai.
  • Chinese Developer Sells Ambitious San Francisco Project At A Loss
    Oceanwide Holdings Co
    Chinese conglomerate Oceanwide Holdings has decided to sell its problematic Oceanwide Center development in San Francisco at a loss of about $276 million.
  • Nantong City Issues Ban On Resale Of Cheap Homes To Curb Speculation
    China Property Speculation
    Nantong City officials have issued a ban on buyers of properties priced below the market average from reselling their properties over a period of five years.
  • Hong Kong Kwok Family To Invest $1.2 Billion In Sun Hang Kai-Owned Project
    Sun Hung Kai Properties
    Hong Kong's Kwok family invested $1.2 billion to acquire a 25 percent stake in Sun Hung Kai's project on its recently acquired plot of land on Austin Road.
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