Major Chinese cities have seen a rebound in home sales over the past month, as pent-up demand was unleashed after the roll back of stringent Covid curbs
Signs indicate that in the wake of the pandemic, more Chinese families are looking to relocate assets, and themselves, in Southeast Asia, Australia or even Canada
The real estate firm was among many Chinese developers that defaulted last year as the sector reeled under a debt crisis
China's biggest property developer says it has endured a "harsh winter" in a market that "won't recover overnight", after posting a record net loss of close to $890 million, its first in 16 years.
The debt restructuring plan has not proven popular with Evergrande dollar bondholders, with one likening it to lending a bucket of rice and then being repaid back with two grains
Home sales by floor area in January-February dropped 3.6% from a year earlier, compared with a 24% decline for the whole of 2022
The top homebuilder said in a filing that its estimated net loss for 2022 would be between $799m and $1.09bn after its core profit slumped
India will buck the global trend of sinking housing prices due to strong demand for home ownership, analysts said
The People's Bank of China (PBOC) predicted the world’s No2 economy will bounce back in 2023 but admitted the global situation is ‘severe and complex’
In mid-2022 regulators began lowering mortgage rates to prop up property demand, after a liquidity crisis among developers and this has allowed buyers to pay off loans faster than expected
New home prices in January were up 0.1% month-on-month, versus a 0.2% slide in December, according to calculations based on National Bureau of Statistics data released on Thursday.
China’s banks have been given till 2025 to rate their financial assets; listing bond investments, interbank lending and off-balance-sheet assets into five categories ranging from 'normal' to 'loss'.