2023-08-13 09:17:00 Chinese real estate developer Bei Gui Yuan will suspend the trading of 11 onshore corporate bonds from the beginning of the week on the 14th. It was revealed in a document submitted to the Shenzhen Stock Exchange on the 12th. A decision on resuming trading will be made at a later date. The … Read more
The government work report, released on March 5 at the opening of China’s 14th National People’s Congress (NPC), warns that risks remain in the real estate market and promotes steady development in the sector. , to prevent disorderly business expansion by developers. FILE PHOTO: An apartment building construction site in Beijing, July 2022. REUTERS/Thomas Peter … Read more
DOHA (Archyde.com) – Qatar is facing a huge oversupply of accommodation during the World Cup. Over the weekend, searches on the official portal found at least 42 hotels with vacancies, and Airbnb also showed hundreds of available listings. Qatar is facing a huge oversupply of accommodation during the World Cup soccer tournament on November 25. … Read more
(Archyde.com) – Rising rents in the United States have hit young workers with little savings, many of whom are trying to protect themselves by starting side jobs or looking for roommates to cover their rent. Soaring rents in the U.S. are hitting young workers with little savings. Meeb Kozlaak (23, pictured), a doctoral student at … Read more
Foreign funds that hold corporate bonds of China Evergrande Group, a major property developer in China, have put together their own debt restructuring plans. It is asking the chairman of the company, Hsu Jiayin, to repay the debt with his own funds. FILE PHOTO: Shenzhen, China September 2021. REUTERS/Aly Song (Archyde.com) – Foreign funds holding … Read more
China’s Evergrande Group will repay about $ 19 billion worth of foreign currency-denominated debt in installments in cash and “equity debt” to transfer to the shares of two affiliated companies listed on the Hong Kong market, according to people familiar with the matter. We are considering a business restructuring plan. The photo was taken in … Read more
[Seoul, 15th Archyde.com]–The specially designed luxury dwelling unit “Penthouse” built on the top floor of a condominium is a longing for people in many countries. But that is not the case in North Korea. The specially-designed luxury dwelling unit “Penthouse”, which will be built on the top floor of a condominium on April 15, is … Read more
[Hong Kong 31st Archyde.com]–The outlook for the Chinese real estate industry does not improve at all. The central government has come up with a tactic, but industry insiders say funding remains difficult and many local governments are reluctant to deregulate. On March 31, the outlook for the Chinese real estate industry will not improve at … Read more