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October 22, 2021
Keeps making news headlines but there have been other property developers like fantasia and scenic that have been missing interest payments or even defaulting in those cases so it doesnt look like it is just evergrande and the reason a lot of economists are concerned about this is because the real estate sector has been a huge driver for growth china for many years but the industry has been facing slowing demand as well as even fall in prices according to the latest data and hearing all of these...
October 21, 2021
Behind the scenes, and the reason why, isa, is because the stakes here are enormous for beijing. this is now the biggest risk to chinas economy. it sent shock waves throughout financial global markets. it is fueling risk and concerns of contagion throughout the broader economy. we have several other property developers saying they are also struggling to payoff their debts. and what happens to chinas property sector is crucial here. this sector has super charged chinas economy. it now accounts fo...
October 19, 2021
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October 18, 2021
Economy away from very risky assets, and asset bubbles will continue. sol assets, and asset bubbles will continue. so i do think that a slower gdp but a relatively robust consumption and capital remain. and what about evergrande, the indebted real estate developer? what is the expectations for china and the global economy? certainly for china, the property market has been very frothy. we have seen continued efforts to try and defrost that sector of the economy. overreliance on the sector, so not...
October 18, 2021
Controlled, particularly when property developers are taking advantage of higher property prices to invest into other sectors. fundamentally, ithink property developers will start to rain and their investments, particularly their debt overseas in order to serve the domestic market. of course, housing property affordability perhaps will start to improve from now on. jinny yan, great to see you, thank you for your thoughts. another issue thats weighing on chinese growth is of course the crisis ove...
October 13, 2021
Extra Edition of the Broker Call Report
October 13, 2021
Target everywhere in terms of vaccination rates by the end of this year. in vaccination rates by the end of this ear. ., vaccination rates by the end of this year-โ this year. in china, how worried _ this year. in china, how worried are _ this year. in china, how worried are you - this year. in china, how worried are you about l this year. in china, howl worried are you about the countrys weakening property sector? , , , , sector? the property set is maor sector? the property set is major in ๏ฟฝ...
September 24, 2021
At a house in killamarsh. the labour party conference starts tomorrow, with labour promising to end what it calls the outrageous practice of overseas buyers acquiring more than half of new homes in housing of elements. labour says it will give firstโtime buyers exclusive rights for six months to buy newly built homes. it also wants property developers to make a bigger contribution towards affordable housing. the uks teenage tennis star emma radacanu has been in action again today, but this tim...
September 22, 2021
Extra Edition of the Broker Call Report
September 20, 2021
Whats going on in the market today. we have a sell-off underway. the market will open in 10 minutes and youll see the market open down 600 points. why? because there are worries about the impact of a debt crisis in china. the second largest property developer a company called ever grand and it is missing its debt payments. the ccp has already come out and said this company will not be able to pay its debt payments which one payment is due this upcoming thursday. investors are speculating on whet...