3 d. ago Unitree to file IPO documents in fourth quarter for likely A

Unitree Robotics, the country’s top humanoid robot maker, said it would file documents to an onshore stock exchange in mainland China between October and December this year, suggesting it will soon go public. While the Hangzhou-based firm’s statement did not specify whether it was seeking a listing in Shanghai, Beijing or Shenzhen, a source familiar with the matter said that the company was eyeing an onshore initial public offering (IPO) as the first step. “At present, the company is actively...

Politics

4 d. ago Why South Korea and Japan are turning against foreign homebuyers

Government measures to deter foreign buyers from purchasing residential properties are by no means the preserve of Asian economies. In February 2024, Canada extended a nationwide ban on most foreign buyers until 2027 in an effort to curb speculation and improve affordability. In the US, a growing number of states, including Texas and Florida, have passed laws barring nationals from several countries, notably China and Russia, from acquiring land and property. Yet in the most liveable cities in...

Economics

9 d. ago Opinion | Why Beijing is letting parts of China’s property sector fail

Opinion | Why Beijing is letting parts of China’s property sector fail  South China Morning Post

Events

9 d. ago CR Land, Sunac post better interim results in signs of property recovery

China’s embattled property market is showing signs of a tentative recovery, as some developers posted stronger earnings and reduced losses, supported by government stimulus measures and recovering consumption. China Resources Land’s first-half net profit increased by 16.2 per cent from last year to 11.9 billion yuan (US$1.66 billion), according to the state-owned developer’s statement on Wednesday. Sales rose 20 per cent to 94.9 billion yuan. Sunac, one of China’s largest privately owned...

Politics

1 week ago China's Property Sector Crisis: Systemic Risks and the Paradox of Distressed Debt Opportunities

China's Property Sector Crisis: Systemic Risks and the Paradox of Distressed Debt Opportunities  AInvest

Events

1 week ago Evergrande’s $50 billion rise and fall leaves scars on China's property sector

Evergrande’s $50 billion rise and fall leaves scars on China's property sector  CNBC

Economics

1 week ago Sell India, buy China? Don’t get stock and property markets confused

Indian stocks have had a good run. Since the end of March 2020, the Nifty 50, one of India’s main equity gauges, has risen almost 190 per cent. It has outperformed the benchmark S&P 500 index, which itself is up more than 150 per cent. Yet in the past year, the ferocious rally has given way to volatility, concerns over lofty valuations and worries about growth and corporate earnings. The unexpected decision earlier this month by US President Donald Trump to impose swingeing tariffs of 50 per...

Economics

1 week ago The View | Sell India, buy China? Don’t get stock and property markets confused

The View | Sell India, buy China? Don’t get stock and property markets confused  South China Morning Post

Economics

1 week ago Evergrande: China’s property giant delisted from Hong Kong stock exchange

Evergrande: China’s property giant delisted from Hong Kong stock exchange  The Guardian

Politics

1 week ago Evergrande delisting marks end of era for China’s property sector

Evergrande delisting marks end of era for China’s property sector  Financial Times

Politics

1 week ago Shanghai eases property rules to revive sluggish housing market

Shanghai eases property rules to revive sluggish housing market  South China Morning Post

Politics

1 week ago China Southern Causes New Travel Disruptions in China with a Dozen of Flights Suspended, Abandoning Passengers Across Guangzhou, Guiyang, Shenzhen, Beijing, Shanghai and more, Update You Need to Know

China Southern Causes New Travel Disruptions in China with a Dozen of Flights Suspended, Abandoning Passengers Across Guangzhou, Guiyang, Shenzhen, Beijing, Shanghai and more, Update You Need to Know  Travel And Tour World

Transport

2 w. ago China Eastern Suspends Over a Dozen Flights Amid Flash Flood, Causing Widespread Travel Disruptions Across Major Chinese Cities, Including Beijing, Shanghai and Shenzhen, Update You Need to Know Now

China Eastern Suspends Over a Dozen Flights Amid Flash Flood, Causing Widespread Travel Disruptions Across Major Chinese Cities, Including Beijing, Shanghai and Shenzhen, Update You Need to Know Now  Travel And Tour World

Events

2 w. ago China ‘pretend work’ firm offers office space for US$4 a day, aids personal growth

Pretend work companies that help unemployed people fake having a job for a small price are springing up across China. The trend is particularly prevalent in first and second-tier cities where people rent office space and transform it into “pretend work companies”. They usually charge people between 30 and 50 yuan (US$4 and US$7) a day. The rate drops if they buy a monthly package for a working spot. Chen Yingjian owns one such company in Hangzhou, in eastern China’s Zhejiang province. Chen...

Economics

2 w. ago China Summer Travel 2025 Sees Beijing and Sanya Soar While Shanghai Guangzhou and Shenzhen Struggle Amid Rains and Health Outbreaks

China Summer Travel 2025 Sees Beijing and Sanya Soar While Shanghai Guangzhou and Shenzhen Struggle Amid Rains and Health Outbreaks  Travel And Tour World

Science

3 w. ago ‘Let the rich spend’: China told to ease property curbs to spur consumption

A high-level Chinese official has called for easing property and other market restrictions to boost spending among the wealthy, as Beijing steps up efforts to stimulate consumption amid deflationary pressures. “Let the rich spend. This is the most direct [approach],” said Yin Yanlin, who was deputy director at the Office of the Central Financial and Economic Affairs Commission, a party organ overseeing economic policy, from 2018 to 2023. Yin, now a senior economic adviser in the Chinese People’s...

Politics

3 w. ago Massive Travel Disruption Across China: Air China, China Southern, China Eastern Struggles with Delays and Cancellations in Beijing, Shanghai, Guangzhou, Shenzhen, All You Need to Know Now

Massive Travel Disruption Across China: Air China, China Southern, China Eastern Struggles with Delays and Cancellations in Beijing, Shanghai, Guangzhou, Shenzhen, All You Need to Know Now  Travel And Tour World

Politics

3 w. ago Road King Shocks Markets: $1.5B Debt Freeze Sends China Property Fears Surging

Road King Shocks Markets: $1.5B Debt Freeze Sends China Property Fears Surging  Yahoo Finance

Economics

3 w. ago Chinese families in ‘broken houses’; PLA’s warning: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Chinese military ‘warns off’ US destroyer from vicinity of Scarborough Shoal A US destroyer has entered disputed waters in the South China Sea, less than two days after an apparent collision involving a Chinese coastguard vessel and a PLA Navy ship while the former was pursuing a Philippine coastguard vessel in the area. 2. China boosts hybrid crop...

Events

3 w. ago China’s property crisis icon Evergrande will delist following debt woes

China’s property crisis icon Evergrande will delist following debt woes  CNN

Events