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Evergrande chief is freeing up funds from luxury assets to pay debts
Chinese developer China Evergrande Group scrambles to meet its debt obligations, its founder, Hui Ka Yan, is raising funds from luxury assets including art, calligraphy and two high-end homes
Shanghai and Beijing leading the China property investment regains vibrancy in 2021
China's real estate investment market continued to regain its vibrancy in the first half of 2021. Beijing and Shanghai leading the real estate investment market.
Chinese homebuyers going on revenge spending binge ?
A property buying fever has gripped Chinese homebuyers, who are indulging in some revenge spending on property as coronavirus lockdowns are lifted in China.
Wuhan suspends land sales worth 29 billion yuan
Wuhan Natural Resources and Planning Bureau suspends auctions for land worth about 29 billion yuan (US$4.1 billion) before bidding deadline.