Moody’s Investors Service has concluded that China’s economy is at increased risk in the event of a property downturn, and that Chinese authorities are running out of options for mitigating the effects of a slump through fiscal and monetary policies.
Anbang Denies $400 Mil Kushner Deal and More Asia Real Estate Headlines
Anbang boss Wu Xiaohui just can’t keep himself out of the headlines, but at least today he appears to be trying. The controversial finance wizard’s mainland insurer dominates today’s news as it denies a $400 million deal reported yesterday. Also… Read More>>
M&G Real Estate Bags Ulsan’s Largest Mall For $131M And More Asia Real Estate Headlines
It’s Friday and some people will spend time this weekend doing a little shopping. For M&G Real Estate the major purchases of the week may already be complete after the private equity shop acquired a mall in the South Korean… Read More>>
Shenzhen Bans Sale of 6 SQM Apartments After Online Uproar and More Asia Real Estate Headlines
Leading today’s Asia real estate news, authorities in Shenzhen have stepped in to stop the sale of a group of illegal micro-flats as the southern Chinese city’s housing market continues to hyperventilate. All this housing enthusiasm has proved profitable for… Read More>>
China’s Rising Home Prices Could Bring Clampdown on Top-Tier Markets
A new round of market controls could be on the way in China’s largest cities, according to Moody’s Investors Service.
The credit ratings agency made its prediction following news that home values in China’s 70 major cities extended their gains… Read More>>
Poly Pushes Aside 30 Rivals to Buy Shanghai Land and More Greater China Real Estate Headlines
China’s real estate rival is driving developers to compete for land in Shanghai and other first-tier cities. Meanwhile, down in Hong Kong, home prices are falling, but sales volumes hit their highest level in over a decade. Read on for… Read More>>
Goldman Sachs Predicts 20% Drop in Hong Kong Home Prices and More China Real Estate Headlines
The world’s best known investment bank just cut its outlook for Hong Kong property stocks in the same week that Moody’s gave a negative prediction for nearly half of the mainland real estate industry, a pair of moves which could… Read More>>
Evergrande Said at 6.2% Risk of Default as Chinese Bond Market Wobbles
China’s Evergrande Real Estate increased its debt load by 90 percent last year to RMB 297 billion ($45.8 billion), and now the property developer is said to have a 6.2 percent chance of defaulting on its repayments in the next… Read More>>
Wanda Promises 3X Return for Re-listing Scheme and More China Real Estate Headlines
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>>
Fosun Announces Net Profit Rise of 17% in PR Blitz and More China Real Estate Headlines
China’s biggest private investment conglomerate put its PR machine into hyperdrive last week as the company worked to reassure markets that it had completely recovered from the detention of its chairman last December. Plus, Dutch pension fund manager APG explains… Read More>>