Empty homes are forcing Hong Kong developers to cut home prices
Hong Kong’s property developers are racing to sell homes with a tactic they haven’t had to use for years: deep discounts.Real es...
Source: thestandard.com.hk
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Wanda Warns of $200 Million Shortfall on Bond, Surprising Market
(Bloomberg) -- One of China’s most closely watched property firms warned of a funding shortfall just days before a key dollar-bond payment, fueling fresh investor concerns about credit risk in the world’s second-largest economy as growth sputters.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military Operat
Source: yahoo.com