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Even a state-linked giant can't escape China's real-estate crisis

Even a state-linked giant can't escape China's real-estate crisis
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

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China Vanke Shares Hit Record Low After Disappointing 2023 Results

By Sherry Qin China Vanke s Hong Kong-listed shares fell sharply Tuesday after the property developer reported a sharp profit decline and declared no dividend payout for the first time in 31.

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China's state-owned developer vows to cut debt as financial woes rise

China's state-owned developer vows to cut debt as financial woes rise
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China Property Crisis: China's property developers' 2023 results hit by sector downturn, ET RealEstate

China Property Crisis: China s property sector, a pillar of the economy, has lurched from one crisis to another since 2021 after a regulatory crackdown on high leverage among developers triggered a liquidity crisis.

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China's state-owned developer vows to cut debt as financial woes rise — Radio Free Asia

China's state-owned developer vows to cut debt as financial woes rise — Radio Free Asia
rfa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfa.org Daily Mail and Mail on Sunday newspapers.

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