China property

China extends home purchase tax cut to bolster property market

The exemption applies to individuals selling residential properties they have owned for at least two years

China’s property sector, once a key engine of growth, has been in persistent decline since mid-2021.

China pledges to step up urban renewal, stabilise housing market in 2026

The housing policy conference pledges to strengthen the ‘project whitelist’ mechanism

The rising financial woes of industry bellwether China Vanke have raised troubling questions about another painful debt crisis in the sector.

China home-price slump persists even as authorities vow to address downturn

The prolonged property crunch is fuelling a rising sense of anxiety among Chinese officials

Vanke’s onshore notes were trading deep in distressed levels at around 20 to 30 yuan per 100 face value.

China Vanke bondholders reject payment extension, raising default risk

The rejection grants the developer 5 business days to pay the 2 billion yuan on the onshore bond

China’s Reit market is currently worth roughly 220 billion yuan by market capitalisation.

Chinese officials call for more Reits to steady property sector

Currently, eligible Reit assets in China are mainly infrastructure projects such as industrial parks, highways, logistics parks and data centres

Country Garden defaulted in 2023, dragged down by the country’s prolonging property market slump.

Country Garden names new co-chairman to beef up leadership

Mo will support strategic partnerships, resource integration and implement group-wide strategies

New World is one of Hong Kong’s “Big Four” property developers.

New World must reckon with US$6.8 billion of bonds after swap

China’s property debt crisis has sparked record defaults and unprecedented restructurings

Earlier government efforts to boost the market have had limited effect, with property investment still contracting at double-digit rates and housing sales continuing to fall.

Morgan Stanley says mortgage aid may halt China’s housing slump

The country’s years-long housing slump has been a major drag on the economy and consumer confidence

Global banks remain pessimistic on China’s property market, which has faced renewed sales weakness since the second quarter.

China tells stats providers to halt home sales data publication

Information is an important gauge of the new-home market as it is published 2 or 3 weeks before official data