POLICY & REGULATION REAL ESTATE Guangzhou becomes first tier-one city to significantly relax restrictions on purchases of larger homes to support sluggish housing market >>>
POLICY & REGULATION REAL ESTATE China’s housing ministry gives cities autonomy to adjust real estate policy based on local market condition >>>
POLICY & REGULATION REAL ESTATE China relaxes rules on commercial property loans to ease real estate cash crunch, vows to step up support for property sector >>>
POLICY & REGULATION REAL ESTATE VIEWS & ANALYSIS China’s move to relax commercial property loans to only benefit a few developers – JPMorgan >>>
DATA REAL ESTATE China’s new home prices fell at fastest pace since Feb 2015 in Dec, second-hand home prices declined across 70 major cities >>>
DATA REAL ESTATE China’s real estate market contracted for second straight year in 2023, property investment, sales slid further >>>
POLICY & REGULATION REAL ESTATE Several Chinese cities further cut home mortgage rates in 2024 to support housing market >>>
REAL ESTATE VIEWS & ANALYSIS Chinese residents’ expectation for home prices remain bearish, only 14% expects price rise in next 12 months – survey >>>
DATA REAL ESTATE VIEWS & ANALYSIS Hong Kong office vacancy hit 20-year high, office rents expected to drop another 5% – 7% this year – research >>>
DATA REAL ESTATE VIEWS & ANALYSIS Some 76% of pre-sold homes in China’s program to ensure delivery were handed over in 2023 – research >>>
REAL ESTATE VIEWS & ANALYSIS China’s new home sales to decline 7% in 2024 and 5% in 2025, housing inventory to decline further – UBS >>>
DATA REAL ESTATE VIEWS & ANALYSIS China’s top-tier cities saw residential rents drop for sixth straight month in Dec, lower-tier cities’ rents grew at faster rate – research >>>
POLICY & REGULATION REAL ESTATE Chinese financial regulators vowed to step up financial support for rental housing market >>>
DATA REAL ESTATE VIEWS & ANALYSIS China’s foreclosed homes jumped over 33% on year in Jan – Nov of 2023 – research >>>
DATA REAL ESTATE Top 100 Chinese property developers’ sales slid over 17% in 2023, nearly 70% recorded declines  >>>
COMPANY NEWS REAL ESTATE STOCKS Chinese property developer Powerlong surges in Hong Kong after reaching offshore debt restructuring deal >>>
REAL ESTATE VIEWS & ANALYSIS Chinese banks’ latest deposit rate cut aimed at easing NIMs pressure, doesn’t see room for more lending rate cut – JPMorgan >>>
POLICY & REGULATION REAL ESTATE China to implement city-based policies to achieve housing market balance, facilitate quality housing projects, guarantee property delivery in 2024 – housing minister >>>
BONDS COMPANY NEWS REAL ESTATE VIEWS & ANALYSIS Fitch downgrade Dalian Wanda’s long-term foreign-currency issuer default raging to Restricted Default >>>
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS CICC slashed Country Garden Services’ 2023 net profit by 89%, target price by 19%after impairment provisions >>>
COMPANY NEWS REAL ESTATE Property developer China Aoyuan filed for Chapter 15 bankruptcy protection in US >>>
DATA REAL ESTATE Home mortgage rates in China’s major cities declined further in Dec, waiting time remained shortest since 2019 – research >>>
REAL ESTATE VIEWS & ANALYSIS 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 >>>
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS Country Garden Services’ impairment announcement consolidated market concerns, expected to write down almost all receivables from Country Garden – JPMorgan
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS Country Garden Services’ annual dividend expected to be zero as impairment makes up 75% – 96% of net profit forecast – UBS >>>
COMPANY NEWS REAL ESTATE VIEWS & ANALYSIS Country Garden Services’ impairment provision in line with expectations, more impairments expected in coming years – Morgan Stanley >>>
COMPANY NEWS REAL ESTATE STOCKS Country Garden Services expects 2023 net profit to decrease 4.1 bn yuan due to impairment provision >>>
COMPANY NEWS REAL ESTATE China’s fiscal revenue rose at faster pace in November, fiscal spending grew for fourth consecutive month >>>