MUMBAI, MAHARASHTRA, INDIA – 2024/02/01: A circular metal emblem with words ‘This sign indicates buying of shares’ is seen near the pavement of a street near Bombay Stock Exchange (BSE) in Mumbai. Sopa Images | Lightrocket | Getty Images Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since … Read more
Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty Images Future Publishing | Future Publishing | Getty Images China’s Country Garden Holdings said Wednesday it received a liquidation petition filed by one of its creditors, deepening worries about the country’s beleaguered property sector. … Read more
Pedestrians walk past a Caixin Weekly magazine, published by Caixin Media Co., on display at a news stand in Beijing, China, on Sunday, March 6, 2016. Qilai Shen | Bloomberg | Getty Images The International Monetary Fund revised up its growth forecast for developing Asia economies in 2024 as it remained optimistic on India, but … Read more
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to property giant China Evergrande liquidation crisis this week deepened concerns about China’s struggling real estate sector — but analysts say the spillover will likely be … Read more
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to property giant China Evergrande liquidation crisis this week deepened concerns about China’s struggling real estate sector — but analysts say the spillover will likely be … Read more
Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. Paul Yeung | Bloomberg | Getty Images Asia’s markets are expected to continue powering ahead this year, despite a rocky 2023. Most investors may already know which were the the … Read more
The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more than 10 years to clear, … Read more
