China’s Vice Premier Liu He underscored the country’s recent backflip on property policy at the World Economic Forum on Tuesday, signalling that authorities will continue to bolster the real estate industry as indebted developers struggle to shore up their finances.
Goldman Says China Property Support Programme Falls Short of Blanket Bailout
A rescue package proposed by Chinese authorities on Friday may not be enough to spark immediate relief for investors in the country’s troubled developer bonds according to analysts from Goldman Sachs.
After China’s central bank and top banking regulator rolled… Read More>>
China Probes Bank Real Estate Loans and More Asia Real Estate Headlines
China’s growing anxiety over its shaky real estate market leads our headline roundup today, with news emerging that the country’s main financial regulator is sifting through bank loan portfolios for risks. Also in the news, Hong Kong’s economic doldrums spell… Read More>>
China Urges Banks to Support Property Sector and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developers get a boost on reports that regulators are urging lenders to support the country’s beleaguered property sector, while Hong Kong’s housing market flashes weakness as nearly a quarter of available flats… Read More>>
China Banking Regulator Launches Crackdown on Property Lending in 32 Cities
Sales for China’s top 100 developers fell 29 percent for the first seven months of 2019, as the government has continued a year-long clampdown on the housing market, and that trend could be set to continue, as the country’s top… Read More>>
Shanghai Existing Home Sales Fell 22% in April Amid Credit Clampdown
Sales of existing homes in Shanghai fell by almost one-fourth last month as the Chinese government continues to clamp down on sales of pricey housing in an effort to keep residential real estate prices steady.
The city saw some 13,550… Read More>>