Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan on March 31, citing falling sales and ...

Other developers like Kaisa and Country Garden also faced significant losses amid China's real estate crisis ... to revive the struggling housing market. The company stated that 2024 had been ...

New home transactions at China's 100 largest property developers dropped 11.4% to 317.57 billion yuan from a year earlier, or about $43.76 billion, according to data released by China Real Estate ...

The world’s second-largest economy has yet to find a floor for its slumping property market, as new-home sales resumed their ...

due to the significant decline in sales, substantial losses ... country's vast real estate sector, once a key pillar of the economy but now beset with sprawling debt. Advt Hong Kong-listed Vanke is ...

Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with ...

World number-three steelmaker Angang Steel lost nearly $1 billion last year, it said in a stock exchange filing, as the Chinese giant was hit by domestic overcapacity and poor demand.

China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to ...

BEIJING — UBS analysts on Wednesday became the latest to raise expectations that China's struggling real estate market is close to stabilizing. "After four or five years of a downward cycle ...