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>>
Vanke Shares Drop 14% as Trading Resumes and More China Real Estate Headlines 2016-01-06
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>>
Shenzhen Says Some Project Freezes Are Routine
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>>
China Property Crisis Spreads As Government Locks Down More Projects
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>>
Moody’s Downgrades 3 China Developers in Real Estate Downturn
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>>
Developer Fantasia Adjusts Sales Target as Profits Fall 68 Percent
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>>
Chinese Local Govt Creates Copy-Cat Kremlin Near Beijing – Today’s China Real Estate Links | December 26, 2013
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>>
