China - Housing 06 (Nov 21 - Dec 26)

[winston]

Ronnie Chan Says CN Real Estate Must Accept It Is No Longer High-gross-margin Industry

HANG LUNG PPT (00101.HK)'s chairman Ronnie Chan remarked at the Boao Real Estate Forum, that the Chinese real estate sector must rationally confront the fact that the economy of China has undergone a multitude of internal changes and so has the property sector.

While the real estate sector will undoubtedly continue to exist, it will cease to be a high-gross-margin industry, Chan commented.

As the industry veers into the direction of small profits on quick turnover, real estate development and operations will likewise cease to be as lucrative as it has been in the past two to three decades, he added.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

China Facing "Bigger Debt Crisis Than Evergrande" In Under 30 Days
https://www.zerohedge.com/markets/china ... er-30-days

[behappyalways]

The land housing market exploded in succession!
Country Garden’s 70 billion bonds were suspended.
“Zhongrong Trust” 1.5 trillion trusts were suspended

陸房市連環爆! 碧桂園7百億債券停牌.「中融信託」1.5兆信託停兌｜方念華｜FOCUS全球新聞 202308014@tvbsfocus

https://m.youtube.com/watch?v=0uPxKk4wzKo

[behappyalways]

The real estate company "Sino-Ocean Group" defaulted on 20 million US dollars in debt interest! The major shareholder China Life can't save it...? Expert: China's economic entities are in trouble

房企"遠洋集團"違約2千萬美元債息!大股東中國人壽救不了...?專家:中國經濟主體陷困境｜非凡財經新聞｜20230816

https://m.youtube.com/watch?v=9EVb-iUVylw

[behappyalways]

China's property slump looks far worse than official data suggest. Since the peak in 2021, home prices are down at least 15% in prime areas of Shanghai and Shenzhen, and about 25% near Alibaba's HQ in Hangzhou.
https://twitter.com/SofiaHCBBG/status/1 ... 4938395886

[behappyalways]

A good watch

Pt.1 Is the Chinese version of Lehman coming? Haha, stop messing around
'23.08.15【豐富│東南西北龍鳳配】Pt.1 中國版雷曼來了？哈哈，別鬧了
https://m.youtube.com/watch?v=Z9yXPeoGQKY


The real estate market in Lu is exploding! Evergrande files for bankruptcy protection in the United States and intends to start debt restructuring
陸房市連環爆! 恒大在美申請破產保護 欲啟動債務重組｜方念華｜FOCUS全球新聞 20230818@tvbsfocus
https://m.youtube.com/watch?v=ck7aAuTzjoM


China's Housing Slump Far Worse Than Reported; Half Of State-Owned Builders Warn Of "Widespread" Losses
https://www.zerohedge.com/markets/china ... ead-losses

[behappyalways]

Policy Mistakes Contain China’s Real Estate Bubbles, Dragging Down the Economy

政策失誤作繭自縛 中國房市泡沫拖累經濟 TVBS文茜的世界財經周報 20230820 X SHARP

https://m.youtube.com/watch?v=3h--Rm9vTtM

[winston]

CN State Media: Housing Mkt Faces 3 Key Pressures amid Transformation & Upgrade

The supply and demand dynamics of China's housing market are undergoing a profound change as housing dilemma in urban areas evolved into a structural issue, according to an article published in Study Times, a news outlet organized by the Central Party School of the Communist Party of China.

The development model of the real estate sector characterized by "high debt, high leverage, and high turnover" in the past is no longer sustainable, as the housing market undergoes a self-repairing process and transformation towards an operating model characterized by stable prices, optimized structure and premium quality.

In the long term, regional divergence will likely remain a long-lasting characteristic of the real estate market in the future.

The era of surging home prices across the country complimented by extensive property development has basically ended, as the market landscape marked by the divergence between different cities is becoming more prevalent.

Also, three years of pandemic-induced impacts inflicted different degrees of effect on the housing markets of different regions, and induced three key layers of pressure for the overall real estate market, namely supply-end shocks, weakening expectations and shrinking demand.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

China’s failing housing market hurts workers first
https://m.youtube.com/watch?v=DHl89m6dkYY

[behappyalways]

Pt.2 Real estate in mainland China, should I buy it? Or sell?

23.08.22【豐富│東南西北龍鳳配】Pt.2 大陸房地產，到底該買？還是賣？

https://m.youtube.com/watch?v=aedtT49UjTA