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...Chen Chuandong, director of the Hefei Housing Bureau in China’s eastern Anhui province, said in a speech this year that completing stalled apartments was a “political task” that developers and banks should...
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...As China’s post-pandemic recovery faltered thanks to a prolonged real estate meltdown and a lack of private sector confidence, its stock market went on a rollercoaster ride....
...“It’s a good time for select names in Chinese real estate. It is 25, 30 per cent of [gross domestic product] and it’s not going to disappear,” said Koenigsberger....
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...In contrast, the benchmark CSI 300 index fell 11.7 per cent in 2023 as China’s post-pandemic economic recovery struggled to gain traction following an unprecedented real estate meltdown....
...Interviews with more than two dozen real estate brokers across the capital, long one of China’s most desirable real estate markets, show transaction prices have fallen between 10 and 30 per cent from their...
...The strategy has risen in prominence as these giant funds have tied up a larger and larger share of their assets in illiquid investments such as private equity, infrastructure and real estate....
...“Due to the nature of our company’s industry, China is not a market we anticipate entering,” Tron’s chief executive Yu-Jiu Wang told Nikkei Asia....
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...Chen added that Ko and his party lacked experience in dealing with high-level Chinese officials....
...With additional reporting by Cheng Leng in Hong Kong, Ryan McMorrow in Beijing and Sun Yu in New York...
...advised KMT presidential candidate Hou Yu-ih during the campaign....
...“Letting regulators decide which high-tech companies should go public is like asking an eight-year-old child to choose the best moon-landing technology,” said Chen Zhiwu, a finance professor at the University...
...The ministry is under pressure to kick-start China’s ailing economy, which has been battered by rising local government debt and real estate defaults....
...Given that China represents a double-digit share of revenue for many multinationals — 13 per cent for AstraZeneca and 10 per cent for Novo Nordisk — Helen Chen, head of LEK Consulting’s healthcare practice...
...The finance ministry is under pressure to kick-start China’s economy, which has been suffering under the burden of skyrocketing local government debt and staggering real estate defaults....
...Cheung Kei Group, led by Hong Kong billionaire Chen Hongtian, bought the building in 2017 for £270mn....
...The second Li mourner, in Hefei, who works for a real estate company and soon expects to lose his job, speaks to the uncertainty being felt in communities across China: “We just don’t know what tomorrow...
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...A real estate boom followed as local authorities spent trillions of renminbi, underwritten by cheap loans, on knocking down old apartments for redevelopment....
...Yu Jie, a China expert at the UK think-tank Chatham House, said a close reading of Chinese government announcements and speeches over recent months, including statements from the politburo, showed the top...
...Real estate investment was down 7.9 per cent in the first half of the year compared with the same period a year earlier, the NBS said, with commercial property sales by floor space down 5.3 per cent....
...Chinese real estate stocks fell to their lowest level in more than eight months in Hong Kong ahead of the politburo statement as concerns over a liquidity crunch at two of the biggest developers, Country...
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