China’s major property developers’ fundraising hit lowest since 2018 in February despite government’s easing efforts

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

Chinese property developers' fundraising remained sluggish in February, indicating that the real estate sector is still struggling in a liquidity strain despite the government's easing efforts.

The top 100 property developers raised a total of 39.82 billion yuan of funding in February, marking the lowest level since 2018, sliding 58.9% from the month before and down 58.8% from the same period last year, according to the latest data compiled by the . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS. 

Yuan Talks builds the fastest and most comprehensive China business news wire.  We put all market-moving news and views in one place. You will never again be left in the dark when market moves. 

Start for free

One-click cancel any time!