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DBS sees more than 30% upside for 2 ‘quality’ Chinese real estate stocks

At the Dalian World Expo Center, on October 15, 2021, people look at model houses during the 2021 Dalian fall real estate fair. Visual China Group | Visual China Group | Getty Images While Chinese real estate stocks are likely to remain volatile over the short-term, one Asian bank is seeing major upside for “quality” […]

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Asia better poised for recovery than other emerging markets

Emerging markets will face challenges in managing their economic recovery – but Asia is likely to fare better than other regions, according to Moody’s Investor Service. “The pandemic was tougher on emerging Asia markets than it was on advanced economies… the recession was tougher in emerging markets than it was on advanced economies,” Atsi Sheth, […]

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China real estate sector can improve on two conditions: Rhodium Group

China’s property outlook might flip brighter within the subsequent few months — however two issues should occur for issues to enhance within the beleaguered sector, one analyst instructed CNBC on Friday. Stabilizing property gross sales and larger entry to funds inside China might assist carry the actual property sector within the nation, mentioned Logan Wright, […]

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Evergrande makes coupon payment ahead of Friday deadline: Reuters

China Evergrande Centre sign visible on front of building Getty Images| SOPA Images | LightRocket | Getty Images Two people who have direct knowledge of the matter say that the cash-strapped China Evergrande Group made payments to an offshore bond coupon before Friday’s grace period expired. This was in order to meet its second U.S. […]

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Defaults risks for other developers, PBOC on Evergrande

Photograph taken from the air of a “riverview house” at the Yangtze River. Yichang, Hubei Province, Oct. 16, 2020. Getty Images| Barcroft Media | Getty Images The fallout in China’s property sector is showing no signs of abating, as more developers face the threat of default — even as uncertainty over the fate of heavily […]

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China property default risk for Fantasia, Sinic amid Evergrande crisis

China, Beijing: A pedestrian walks across a street in front residential buildings. Bloomberg | Bloomberg | Getty Images The heels of Evergrande’sChina’s debt crisis is causing stress on the property market, as one Chinese developer has failed to make Tuesday’s bond payments. Rating agencies have downgraded Chinese developers Fantasia Holdings Sinic HoldingsThey are willing to […]