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Top related persons:
Qilai Shen - 1 Dalian Wanda - 1 Liu Haibo - 1 Sandra Chow - 1 Nomura - 1 Chow - 1 Evergrande - 1 Redmond Wong - 1
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Baoding Hebei province China Dalian Hong Kong Beijing Saxo Markets Hong Kong
Top related orgs:
Country Garden Holdings Co - 1 Bloomberg - 1 Getty - 1 BEIJING - 1 CNBC - 1 Country - 1 Asia Pacific Research - 1 CreditSights - 1

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2 mentions found


☆ China's real estate market roiled by default fears again
  + stars: | 2023-08-10 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +6 min
Qilai Shen | Bloomberg | Getty ImagesBEIJING — Two years after Evergrande's debt troubles, worries about China's real estate sector are coming to the forefront again. In late July, its top leaders indicated a shift toward greater support for the real estate sector, paving the way for local governments to implement specific policies. For the last several years, Chinese authorities have attempted to curb debt-fueled speculation in the country's massive — and hot — real estate market. Real estate and related industries have accounted for about a quarter of China's economy. He pointed out that since China started its deleveraging campaign in 2016, it is very unlikely the state would step in to bail out real estate developers.
Persons: Qilai Shen, Dalian Wanda, Liu Haibo, Sandra Chow, Nomura, Chow, Evergrande, Redmond Wong, —, Wong, Vanke, that's Organizations: Country Garden Holdings Co, Bloomberg, Getty, BEIJING, Reuters, CNBC, Country, Asia Pacific Research, CreditSights, Fitch, Saxo Markets Hong, China's, House Research, Stock, Poly Development, Research Locations: Baoding, Hebei province, China, Dalian, Hong Kong, Beijing, Saxo Markets Hong Kong
☆ Asia shares slip ahead of expected weak China economic data
  + stars: | 2023-01-17 | by ( Kane Wu | ) www.reuters.com   time to read: +4 min
HONG KONG, Jan 17 (Reuters) - Asia shares mostly slipped on Tuesday ahead of Beijing's expected release of weak fourth-quarter economic data, although investor sentiment about China's rebound remained positive even as the global economy edges closer to recession. MSCI's gauge of Asia Pacific stocks outside Japan (.MIAPJ0000PUS) was down 0.18% at 0127 GMT. "I think investors will look through the Q4 GDP prints and focus on 2023," said Redmond Wong, Greater China market strategist at Saxo Markets Hong Kong. Hong Kong's Hang Seng Index (.HSI) opened down 0.3% while China's benchmark CSI300 Index (.CSI300) remained flat. Reporting by Kane Wu in Hong Kong; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
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