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Posted on August 18, 2023

Saudi Arabia, China ink deals worth over $1.33bn

Saudi Arabia and China finalised 12 deals for infrastructure enhancement ad funding at the Saudi-Chinese Business Forum in Beijing. Saudi Arabia, China ink deals worth over $1.33bn. beijing, china, …

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Posted on August 18, 2023

Florida law banning some Chinese property purchases can be enforced: Judge

A federal judge is refusing to block a new Florida law that bans citizens of China and some other countries from purchasing property in large swaths of Florida. Judge Allen Winsor denied an injunction …

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Posted on August 18, 2023

Property market expects money inflows following lending rate cuts

Continuous interest rate cuts and support policies are gradually proving effective, helping ease difficulties facing the real estate market, experts have said.

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Posted on August 18, 2023

China Isn’t Japan in the 1990s. This Meltdown Is Different.

The recent spate of dismal economic data out of China has raised the question of whether the world’s second-biggest economy will have a meltdown like the one in Japan in the 1990s.  Right now, China …

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Posted on August 18, 2023

Factors that NRIs should take into account while selling property in India

While purchasing property in India is an attractive proposition and a common investment option among the Indian diaspora, selling these assets isn’t always straightforward. It calls for heightened …

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Posted on August 18, 2023

China’s property market is too big to fail, but will Beijing save it?

Pressure is mounting on financial authorities to intervene to shore up China’s gargantuan property market, but so far they’ve shied away from bold action.

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Posted on August 18, 2023

Open House: Hong Kong Sea View Mansion Eyes Ambitious $281 Million Sale

This story is the first of Bloomberg’s Open House series, featuring some of Hong Kong’s most interesting homes.A developer is seeking to sell a huge mansion in Hong Kong for HK$2.2 billion …

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Posted on August 18, 2023

Hong Kong seaview mansion eyes ambitious $382 million sale

HONG KONG – A developer is seeking to sell a huge mansion in Hong Kong for HK$2.2 billion (S$382 million), a price that would that make the property among the city’s most expensive transactions, at a …

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Posted on August 18, 2023

Hong Kong stocks set for worst weekly sell-off since June as debt defaults, yuan slide trouble investors

Hong Kong stocks fell, adding to the biggest weekly decline in two months, amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed …

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Posted on August 18, 2023

China’s property giant Evergrande files for bankruptcy protection in Manhattan court

The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March.

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