China property

Evergrande liquidators seek 57 billion yuan from PwC in Hong Kong Court

The proceedings are also critical to liquidators’ years-long effort to recover at least part of creditors’ investments

New-home prices in 70 cities, excluding state-subsidised housing, dropped 0.19% from March, the smallest drop in a year, showed data from the National Bureau of Statistics.

China home price slump eases in sign market is stabilising

A real estate recovery would help to restore household confidence and encourage spending

Home-price declines have slowed to their weakest pace in a year, while secondary transactions in Beijing and Shanghai have jumped to multi-month highs.

Wall Street dares to ask if China’s property turnaround is close

A steadier real estate industry is crucial to restoring household confidence

Cross-border lawsuits may offer a road map for other onshore creditors ensnared in debt disputes involving Chinese developers.

Chinese creditors pivot to Hong Kong courts to recoup property developer debts

The number of cases is rising as builders finish restructuring after a sector crisis

China’s property downturn has persisted for more than four years, weighing on the economy and sending cash-strapped developers into distress.

China’s Shenzhen relaxes home buying rules to boost demand

Loan limits may be increased by up to 60% for first-home purchases

MSCI’s gauge of mainland equities has risen almost 4% over the past month, erasing most of the losses it made following the outbreak of the Iran war.

China property tipping point will drive up stocks, JPMorgan says

The latest batch of housing numbers backs up a positive view

Together, the Shanghai and Suzhou assets comprise about 320,000 square metres of gross floor area.

ESR establishes 1.6 billion yuan dedicated renminbi income fund

The fund is expected to acquire two ESR logistics and industrial assets in Shanghai and Suzhou

Real estate values in China have been in a years-long slump, exacerbating deflationary risks and hurting household spending in the world’s second-largest economy.

China home price drop slows for second month as pressure eases

Supportive measures for the property market have trickled out across cities in recent months

In 2017, Hui Ka Yan was Asia’s richest man, with a net worth of US$45.3 billion, according to Forbes.

China Evergrande’s billionaire boss falls from circles of power to fraud plea

His plea draws a line under the collapse of an empire that thrust China’s property sector into the glare of global investors

Evergrande founder Hui Ka Yan “pleaded guilty and expressed remorse” in trial proceedings on Monday (Apr 13) and Tuesday against him.

China Evergrande founder pleads guilty to fraud in Shenzhen court

Hui and the company also face charges of illegally extending loans, fraudulently issuing securities and bribery by units