China should establish property presale fund to support developers, says former central bank chief
CHINA should set up a fund using presale proceeds from residential projects to help property developers with liquidity and ensure they finish...
China Vanke assures it can repay US$630 million dollar bond amid liquidity worries
STRUGGLING property developer China Vanke said on Tuesday (Mar 5) it has funding in place to repay US$630 million in dollar notes...
China’s Li vows more support for property market stuck in the doldrums
CHINA will try to stabilise a property sector with targeted measures while providing financing to “justified” projects, Premier Li Qiang said on...
Country Garden’s sales drop most in years amid wind-up fears
COUNTRY Garden Holdings posted its biggest sales decline in at least seven years, adding to the woes of the Chinese property developer...
China developer Vanke shares, bonds hit new lows on debt worries
SHARES and bonds of China Vanke, the country’s second-biggest property developer by sales, hit record lows on Monday (Mar 4) on renewed...
Country Garden faces heat from liquidation suit to get cracking on debt revamp talks
A LIQUIDATION petition filed against China’s Country Garden will ramp up pressure on the embattled developer to come to the negotiating table...
China new home prices rise at slower pace in February, survey shows
NEW home prices in China rose at a slightly slower pace in February versus a month earlier, a private survey showed on...
China sets deadline for cities to set up financing coordination mechanism for property projects
CHINA’S housing and financial regulators on Thursday (Feb 29) urged prefecture-level and above cities to establish a financing coordination mechanism before Mar...
China home sales drought persists despite mounting support
CHINA’S home sales slump dragged on in February, even as regulators stepped up efforts to salvage the beleaguered property market.
Country Garden faces liquidation petition in new blow to China property sector
COUNTRY Garden said on Wednesday (Feb 28) that a liquidation petition has been filed against the embattled developer for non-payment of a...