China Credit Market Sees Calm, Low Stress After Government Rescue bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Ping An Real Estate with 110 billion yuan in assets held around 10 billion yuan in cash, covering only half of its interest-bearing debt due in the next 12 months. Its business operations and liquidity positions have deteriorated rapidly alongside China’s property slump, with sales falling by more than half from their 2021 high
China Property: Private Equity s Role Is the New Hot Potato bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Continued troubles in the real estate sector in China are scaring investors in Hong Kong and leading to talks of a potential China property-led global market rout.