China’s richest man promises to make investors wealthier, if they will help him to privatise the country’s biggest commercial developer, plus the mainland is now officially majority urban. Hong Kongers worried about encroaching mainlandization of the SAR may soon find… Read More>>
Moody’s Says China Home Sales Growth to Dip Under 5% in 2016
While China’s government has made reviving the housing market a primary goal for 2016, one of the agencies charged with rating the credit-worthiness of companies in the sector believes that the mainland could still be in for a tough year.
Moody’s Sees Lower Down-Payment Levels Boosting China Developers
China’s decision just before the holiday to lower down-payment requirements on mortgages is already paying off for the country’s property developers, and is expected to ease access to credit for the sector.
After the People’s Bank of China announced on… Read More>>
Moody’s Predicts Upswing in China Housing Sales
The Chinese government recently unleashed a barrage of measures to prop up demand for housing following several months of falling prices and slowing sales, and at least one international ratings agency believes this is about to start turning the market… 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>>