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China Property Stocks Head for Lowest Since 2009 as Stress Rises

China Property Stocks Head for Lowest Since 2009 as Stress Rises
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China Property Stocks Head for Lowest Since 2009 as Stress Rises

(Bloomberg) Chinese property stocks are on track for a 14-year low, as stress in the sector continues to rise amid slumping home sales and deepening debt woes for major developers. Most Read from BloombergHundreds Dead at Gaza Hospital as Israel, Hamas Trade BlameIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?UPenn Donors Pile Pressure on School as David Magerman

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China Property Stocks Fall to 14-Year Low as Developer Credit Stress Rises

China Property Stocks Fall to 14-Year Low as Developer Credit Stress Rises
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Form N-CSRS Global Macro Absolute For: Apr 30

Form N-CSRS Global Macro Absolute For: Apr 30
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Chinese developers struggle to avoid defaults despite government support

China’s sweeping policy support for the property sector has been no quick fix for developers’ liquidity struggles, leaving some investors waiting until the last minute for cash. Central China Real Estate Ltd. remitted funds this week for a dollar-bond interest payment that was originally due January 14, three people familiar…

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