Recent government measures to prop up the sliding property market have led to developers’ shares climbing higher and soaring home sales. Will the new measures offer a sustained fix this time?
Tag : country garden
Eight funds available in Hong Kong and seven funds in Singapore have small exposures to Country Garden, the latest distressed Chinese property developer in the spotlight.
China’s largest insurer says it is insulated from the troubles in the country’s property sector after taking steps to cut its exposure to developers in recent years.
With Country Garden and Zhongzhi in distress, institutional investors and economists explain why they don’t foresee a financial crisis.