4 d. ago China Property Pain Worsens With Sales Slump, Record Vanke Loss

China Property Pain Worsens With Sales Slump, Record Vanke Loss  Bloomberg

Economics

5 d. ago Country Garden’s 2024 loss narrows amid initial recovery signs in China’s property sector

The loss attributable to shareholders stood at 32.8 billion yuan, compared with a record 178 billion yuan loss in 2023, according to an exchange filing.

Culture

8 d. ago BlackRock sells Shanghai tower at 34% discount as it pulls back from China property

The US firm is selling its last major asset in the city, Trinity Place, for 900 million yuan (US$124 million), according to sources.

Politics

9 d. ago ‘Shameful’: China woman buys flat for old professor she cares for, family claims property

Woman says residence represents not merely bricks and mortar, but four decades of cherished memories.

Society

9 d. ago SenseTime’s 2024 net loss narrows even if it misses analysts’ target amid AI competition

The company reported net loss of 4.3 billion yuan (US$592 million) in 2024, compared with estimate of 4 billion yuan loss.

Events

2 w. ago Outraged by poor property management service, China resident pays US$20 fee with 6,000 coins

Property management staff take 3 hours to count mountain of coins after angry woman threatens to call police, experts say her actions ‘legal’.

Economics

2 w. ago China issues rule to strike back in international intellectual property disputes

China’s cabinet says the country may take countermeasures if foreign countries impose discriminatory or restrictive measures.

Society

2 w. ago China unveils rule to counter ‘discriminatory’ measures in international IP disputes

The regulation, aimed at striking back against external ‘containment and suppression’, appears to target the US and EU – without naming them.

Events

2 w. ago UBS Sees China Property Turnaround Coming Sooner Than Expected

UBS Sees China Property Turnaround Coming Sooner Than Expected  Bloomberg

Politics

2 w. ago China’s home prices drop for 21st straight month as property recovery remains elusive

In the sole positive metric in new official data, new-home prices in top-tier cities edged up by 0.1 per cent month on month in February.

Society

2 w. ago China's property slump persists as stimulus struggles to stabilise sector

China's property slump persists as stimulus struggles to stabilise sector  Reuters

Politics

3 w. ago China woman surviving cliff fall caused by husband, reveals IVF newborn has heart disease

She says her son is showing encouraging signs of recovery, but as first-time mum, she feels overwhelming fear, helplessness.

Events

3 w. ago Global funds exit China’s commercial properties with fourth year of net selling

Cumulative net selling from 2021 to 2024 amounted to US$11.2 billion, surpassing net buying in 2019 to 2020.

Politics

3 w. ago China's property sector is showing positive changes, minister says

China's property sector is showing positive changes, minister says  Reuters.com

Politics

3 w. ago China's property sector shows positive change, minister says

China's property sector shows positive change, minister says  Reuters

Politics