Hong Kong Court Orders Chinese Property Giant Evergrande to Liquidate
Hong Kong court has issued an order for the liquidation of Evergrande Group, a financially troubled Chinese real estate giant, Invest-Gate reports.
China’s Evergrande Faces Possible Liquidation
The giant Chinese real estate company Evergrande Group is once again facing the risk of liquidation amid the ongoing crisis in the Chinese real estate sector, Invest-Gate reports.
Bank of America Foresees Continued Contraction in Chinese Real Estate Sector for Years
Bank of America predicts that the contraction in China's real estate sector will persist for several years, Invest-Gate reports.
Egypt Minister, Chinese Firm Track $3 Bn Capital CBD Project in NAC
Egypt's Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar has met with the special envoy of the China State Construction Engineering Corporation (CSCEC) to monitor progress on the Central Busin ...
New Properties Prices in China Rise After 4-Month Decline
Newly released data has shown that new home prices in China have slightly increased in September, ending a four-month consecutive decline, as developers benefit from a series of recent support measures, Invest-Gat ...
Chinese Real Estate Stocks Drop Due to Concerns Over “Evergrande”
Chinese real estate stocks slid on Monday as investor sentiment was negatively impacted by the last-minute cancellation of meetings between the troubled China Evergrande Group and its major creditors, along with t ...
China’s Top Cities Soften Mortgage Rules to Prop Up Property Sector
Two of China's largest cities have eased housing purchase restrictions, following similar moves by other major urban centres, in efforts to shore up the troubled real estate industry, Invest-Gate reports.
Egypt’s Path to the BRICS Bloc
Egypt is set to join the BRICS in 2024. On that occasion, the Egyptian Council of Ministers' Information and Decision Support Center published a report tacking the weight of the bloc in the global economy.
Chinese Buyers Return to Dubai’s Surging Property Market
Dubai's red-hot real estate market is attracting more Chinese investors again after pandemic curbs slowed purchases, pointing to sustained demand as prices hit records, Invest-Gate reports.
Goldman Sachs Cuts China Outlook on Lingering Property Woes
Goldman Sachs has trimmed its earnings and market forecasts for Chinese stocks, citing renewed concerns over weakness in the country's real estate sector, Invest-Gate reports.
