Category: DATA
China’s top property developers saw sales decline further in November despite signals for easing financing
China’s major property developers saw sales decline further in November even after the government sent several positive signals to stabilize the housing market. The top 100 property developers’ sales revenue reached 750.8 billion yuan in…
China’s LGFV bond issuance hit new record of 5.1 trillion yuan this year, net financing declined on year
China’s local government financial vehicles (LGFVs) had issued 5.1 trillion yuan of bonds this year as of November 28, hitting a new record high and representing 400 billion yuan increase from the previous record, according…
China’s manufacturing activity unexpectedly returned to expansion in November, services sector grew at slower pace
China’s manufacturing activity unexpectedly return to expansion territory in November after government measures curbed runaway raw material prices which helped prop up demand, while services sector grew at a slow pace due to impact of…
Home sales in some cities show signs of improvement amid easing financing, analysts say overall downtrend remains unchanged
After disappointing performance in the traditional peak season of September and October, home sales in some Chinese cities show signs of improvement in November amid easing real estate financing. Analysts believe the overall downtrend in…
Home rents in key cities fell on month in November, home rental transactions fell nearly 18%
Average home rents in China’s major cites declined by 1.3% in November from the prior month while transactions in home rental market tumbled by 17.9% month on month, according to a research on Monday. Among…
Chinese industrial profit growth accelerated in October driven by mining, raw material manufacturing sectors
Profits at China’s industrial companies grew at a faster pace in October driven by companies in including mining and raw material manufacturing sectors. Profits rose 24.6% in October from a year earlier to 818.7 billion…
China’s lithium prices tops 200,000 yuan/tonne for first time ever boosted by strong demand for new energy vehicles
China’s lithium prices jumped above 200,000 yuan per tonne for the first time on record driven by strong demand for new energy vehicles and year-end restocking in downstream industries. According to data from consultancy Shanghai…
Chinese property developers’ bond issuance picked up significantly in November, nearly all issuers SOEs
Chinese property developers that had struggled in a sector-wide cash crunch finally saw a pick-up in financing this month after authorities repeatedly urged financial institutions to maintain stable lending to the sector and ensure homebuilder’…
Chinese local governments’ special-purpose bond issuance in Oct hit highest this year, their total bond issuance so far 2021 hit new record driven by refinancing needs
Chinese local governments issued 644.1 billion yuan special-purpose bonds in October, the highest monthly level this year, according to data released by the Ministry of Finance on Tuesday. They issued a total of 876.1 billion…
China’s newborns fell 18% last year, birth rate hit new record low
Chinese mothers gave birth to only 12 million babies in 2029, down from 14.65 million in 2019, marking an 18% decline year on year and continuing the descent to a near six-decade low, while the national birth…
China’s home mortgage rates in major cities fell further in November, waiting time for loan approval shortened for first time since April
Average home mortgage rate for first-time home buyers in China’s 100 major cities declined to 5.69% in November, down by 4 basis point from the previous month, according to data from Beike Research Institute on…
China’s fiscal revenue fell for second straight month, revenue from land sales declined for 4th month in a row
China’s fiscal revenue declined on year in October for the second straight month as economic recovery slows, while fiscal spending returned to growth. In particular, the government’s revenue from land sales slid for the fourth…
China’s new construction starts tumbled over 30% on year in October amid cash crunch in real estate sector
Chinese property developers have slashed investment amid a sector-wide cash crunch and new construction starts, a leading indicator of real estate activities, slumped by more than 30% in October from a year earlier. According to…
China’s coal output returned to growth and hit highest this year in Oct after government measures to boost production
China’s coal output returned to growth in October and hit the highest level this year after the government took a series of measures to ensure coal supply to ease a shortfall and stabilize surging coal…
China’s housing market weakened further in October, 90% of major cities saw resale prices drop on month
China’s housing market weakened on all fronts in October, as declines in home prices, sales and property investments widened. Analysts say that there may be a “bottom” by early next year as authorities adjust policies…
China’s steel futures fell nearly 30% in a month, daily crude steel output in Oct hit new low since Dec 2017
China’s steel futures tumbled by nearly 30% in a month amid weakening demand and falling costs and industry insiders see more weakness in the rest of the year. China’s most-traded construction steel rebar futures contract…
China’s industrial output grew at faster pace in October, retail sale growth accelerated, while investment slowed further
China’s industrial output grew 3.5% in October from the same period a year ago, data released by the National Bureau of Statistics (NBS) showed on Monday. That accelerated from a 3.1% increase in September and…
Chinese property developers’ fundraising slumped at fastest pace this year in October
Chinese property developers’ fundraising slumped at the fastest pace this year in October, even after the government urged financial institutions to meet the real estate sector’s reasonable funding needs. Property developers raised a total 36.5…
