China doesn’t export condos, warehouses or office buildings to the US, but that did not spare the country’s largest property developers from the impact of a global market rout triggered by US President Donald Trump’s tariff barrage announced last week.
Developer Stocks Soar After Media Reports of Breaks in Real Estate Rules
Poly Real Estate led China’s major real estate developers in a sudden stock rally following reports in the official media that two of China’s largest second-tier cities would be relaxing restrictions on home purchases.
The Guangzhou-based property firm was up… Read More>>
Chinese Company Defaults – Developer Stocks Rise
China saw its second commercial bond default within a month on Friday when a Jiangsu construction company failed to make an interest payment on a RMB 180 million (US$29 million) bond, and the country’s financial markets reacted by climbing during… Read More>>
China Real Estate Stocks Dive After Bond Default
A broad range of China’s publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and Hong Kong today as investors reacted to the country’s first corporate bond default on Friday.
The Hang Seng Properties Index of… Read More>>