Chinese property developer Powerlong surges in Hong Kong after reaching offshore debt restructuring deal 2023-12-22 2023-12-23 >>>
Chinese banks’ latest deposit rate cut aimed at easing NIMs pressure, doesn’t see room for more lending rate cut – JPMorgan 2023-12-22 2023-12-23 >>>
China to implement city-based policies to achieve housing market balance, facilitate quality housing projects, guarantee property delivery in 2024 – housing minister 2023-12-22 2023-12-23 >>>
Fitch downgrade Dalian Wanda’s long-term foreign-currency issuer default raging to Restricted Default 2023-12-21 2023-12-24 >>>
CICC slashed Country Garden Services’ 2023 net profit by 89%, target price by 19%after impairment provisions 2023-12-21 2023-12-24 >>>
Property developer China Aoyuan filed for Chapter 15 bankruptcy protection in US 2023-12-21 2023-12-25 >>>
Home mortgage rates in China’s major cities declined further in Dec, waiting time remained shortest since 2019 – research 2023-12-20 2023-12-25 >>>
China’s new home sales flattened out on year last week; gradual release of phased sell-off pressure on property developers lead to trading opportunities – CICC 2023-12-19 2023-12-26 >>>
Country Garden Services’ impairment announcement consolidated market concerns, expected to write down almost all receivables from Country Garden – JPMorgan 2023-12-19 2023-12-26
Country Garden Services’ annual dividend expected to be zero as impairment makes up 75% – 96% of net profit forecast – UBS 2023-12-19 2023-12-26 >>>
Country Garden Services’ impairment provision in line with expectations, more impairments expected in coming years – Morgan Stanley 2023-12-19 2023-12-26 >>>
Country Garden Services expects 2023 net profit to decrease 4.1 bn yuan due to impairment provision 2023-12-19 2023-12-26 >>>
China’s fiscal revenue rose at faster pace in November, fiscal spending grew for fourth consecutive month 2023-12-15 2023-12-17 >>>
Home prices slid across China’s major cities in Nov, number of cities with falling home prices hit highest in nine years 2023-12-15 2023-12-17 >>>
Guangzhou’s second-hand home sales rose on month for 4th straight month, prices fell for 6th consecutive month 2023-12-07 2023-12-07 >>>
China’s new home inventory rose significantly in H2, lower-tier cities’ inventory hit multi-year high 2023-12-06 2023-12-06 >>>
Chinese banks hold meetings with property developers to step up financing support 2023-12-01 2023-12-01 >>>>
China Evergrande tumbled in Hong Kong on its property management unit’ lawsuit against parent company 2023-11-29 2023-11-30 >>>
Property developer China Aoyuan and subsidiary Add Hero’s debt restructuring plan approved by creditors 2023-11-29 2023-11-30 >>>
Reported policy measures to support property developers’ financing depend on implementation, low chance for distressed developers to get funding – Fitch 2023-11-29 2023-11-30 >>>
