Despite talk of a downturn, China still needs shoes as proven by a global sportswear-maker’s plan to open 3,000 new shops on the mainland. Also, as Shenzhen home prices continue to climb at double-digit rates, the head of one developer… Read More>>
China’s stock markets stablised yesterday, perhaps with a bit of help from the National Team, but that didn’t prop up shares in China Vanke which resumed trading today. There are also signs this week of two more Hong Kong developers… Read More>>
Authorities in Shenzhen finally shed some clarity late yesterday on the government freezes of property sales that have shaken the country’s real estate firms, saying that at least some of the regulatory moves were routine.
According to a statement on… Read More>>
Investors in China’s real estate market scrambled to figure out which investments might be safe today as a total of six real estate developers are now said to have had sales frozen by the government. The unexplained official crackdown now… Read More>>
The combined pressures of higher debt and slowing sales for China’s real estate developers led a major ratings agency to downgrade the credit prospects of Fantasia Holdings, Guangzhou R&F, and Greentown China during the last month.
Moody’s Investor Services downgraded… Read More>>
Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it announced late last week that it had suffered a 68 percent fall in profits during the first half of 2014.
The Shenzhen-based… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China has long been known for reverse engineering the great architecture of Western… Read More>>