China’s official manufacturing purchasing managers’ index (PMI) fell to 49.5 in May, data released on Friday showed.

Wanda Group founder Wang Jianlin turned to a ‘light-asset’ model in 2017, helping him avoid the same fate as Hui Ka Yan, the embattled founder of indebted real estate developer Evergrande Group.

The legendary investor has changed his view on China stocks as he believes the country’s recent property support measures will restore confidence. A recent trip to the south of the country also helped change his mind.

Logan Group is entering a crucial stage in its offshore restructuring, with just three months to pay or refinance a loan or risk losing control of a key luxury home project in Hong Kong, The Corniche.

China Merchants Port Group joins at least four other large corporations that have scrapped plans to hire or ended contracts with the auditing firm in the last month, after whistle-blowers in April alleged PwC ‘turned a blind eye’ to misconduct by China Evergrande.

The International Monetary Fund points to China’s strong first-quarter numbers and property sector moves as the updated economic-growth estimate is brought in line with the government’s target.

Shenzhen and Guangzhou have joined the ranks of major Chinese cities that have lowered mortgage rates to lure homebuyers.

China Vanke has sold a plot of land once earmarked for its new headquarters in Shenzhen for 2.24 billion yuan (US$309 million), almost 30 per cent less than it paid in 2017, as the beleaguered property developer strives to pay down its mountain of debt.

Hotels in mainland China will need to raise their performance and returns to succeed as real estate investment trusts, according to JLL. A 4 per cent annual return will be favoured by regulators and investors.

During a meeting of China’s Politburo, plans are reviewed for ensuring accountability and propriety among officials carrying out the country’s campaign against financial risk.

Mainland China’s commercial and financial hub will relax home purchase restrictions and grant subsidies to people buying new flats in a move designed to breathe life back into the city’s real estate sector.

AIA Group, Asia’s largest insurer, is picking an opportune time to look for office buildings in mainland China to house its operations. A two-year slump in the property market has rendered these assets ‘affordable.’

The latest government measures are merely ‘a drop in the ocean’, and rebuilding homebuyers’ confidence in the presale system is a precondition for any revival, analysts say.

As the first batches of a trillion-yuan offering of ultra-long-term special government bonds came roaring out of the gate this week, those bearish on China’s economic outlook triggered a feeding frenzy.

Troubled property developer receives lifeline a day after Fitch Ratings downgraded its default ratings.

The People’s Bank of China keeps a running tab of big policy moves, and it shows that trillions of yuan worth of support measures have been rolled out since 2021.

China is seeking to defuse financial risks, with asset management companies expected to help other ailing sectors, particularly property developers, but the firms are already highly leveraged due to bond financing and exposure to the troubled real estate sector.

Evergrande NEV said local governments want to terminate investment cooperation contracts signed in April 2019 and are demanding repayment of subsidies.

Investors will need to see more positive signals from the market before calling a stabilisation, US bank says, as expectations of declining prices and shrinking incomes, plus jitters about home delivery will continue to keep homebuyers at bay.

Prospective homebuyers are visiting showrooms in droves while transactions have revived, according to agents, soon after Beijing unveiled its most aggressive measures to revive the housing market.

Hong Kong’s efforts to shore up property prices are bad news for residents seeking to own their first homes in the city. It may take longer to attain the target.

By allowing local governments and state-owned enterprises to buy unsold land and housing from distressed developers, China is betting a property slump weighing down the economy can be stopped once and for all.

Consumer and entrepreneur confidence should ‘continue to pick up from this point’ as Beijing’s efforts strengthen the capital markets and enhance Hong Kong’s connector role, say speakers at the Greater China Private Equity Summit.

China left benchmark lending rates unchanged on Monday having last week announced ‘historic’ steps to stabilise its crisis-hit property sector.

Economist Richard Koo’s theories influenced Western policy decisions after the global financial crisis, and now he has strong words for Chinese policymakers on the need for fiscal stimulus to ward off a ‘balance-sheet recession’.

Recovery in China’s luxury home market is gaining pace, while recent measures by the government could help turn around the fortunes of the property industry.