The Hong Kong Judge Who Puts Fear Into China’s Deadbeat Builders
In Courtroom No. 29, a gray, musty cubbyhole of a space wedged into the heart of Hong Kong’s
2023-11-28 08:25
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
2023-11-24 09:51
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:50
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled
2023-11-23 15:45
Country Garden’s Dollar Bonds Jump on Support List Inclusion
Country Garden Holdings Co.’s bonds jumped as news that the distressed developer is included in a list eligible
2023-11-23 10:16
China Races to End Property Panic, Fill $446 Billion Funding Gap
Chinese leaders are making their most forceful push yet to end the nation’s property crisis, ramping up pressure
2023-11-23 09:20
China Housing Woes Worsen as Prices Fall Most in Eight Years
China home prices fell the most in eight years in October, signaling the property slump is worsening even
2023-11-16 11:27
China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type
2023-11-10 18:27
Ping An Slump Shows Why a Country Garden Deal Would Be Dangerous
A $5.5 billion selloff in Ping An Insurance Group Co. is underscoring why a mooted takeover of distressed
2023-11-09 17:22
Ping An Loses $3.1 Billion in Value on Country Garden Buy Report
A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent
2023-11-09 09:53
Ping An Sold Country Garden Stake, Has No Plans for Takeover
Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans
2023-11-08 20:57
China Home Sales Decline Slows in October Amid Policy Support
The decline of China’s home sales slowed in October, following stepped-up efforts from Beijing to support the housing
2023-10-31 20:28