China’s housing prices fell for a fifth straight month in September, but a slowdown in the rate of the price slide holds out hope that the government’s spate of limited stimulus measures may be taking hold.
New data released yesterday… Read More>>
Shui On Sells $439M in Hotels to Older Brother’s Company
China’s real estate downturn continued to put pressure on Shui On Land this week as the troubled developer sold two hotels worth a total of RMB 2.7 billion ($439 million) after posting worse than expected financial results. Luckily, for Shui On… Read More>>