27 Sep 2023
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Evergrande’s offshore debt restructuring is at risk of breaking down.
In a Hong Kong exchange filing on Monday, the developer said it cannot issue new offshore notes due to authorities’ investigations into its domestic subsidiary, Hengda Real Estate Group.
The notice cited Chinese securities...
May 17, 2024
Beijing is pushing for improvements to the recycling system to boost its consumer goods trade-in initiative. ICYDK: The State Council launched the initiative in March, but it has reportedly failed to take off in some localities due to the rock-bottom… Read More »
May 17, 2024
The cavalry is finally coming to rescue the beleaguered property sector. On Friday, the central bank (PBoC) announced new financial incentives for people to buy homes, most notably by: Scrapping the mortgage rate floor for both new and second-hand homes nationally Cutting… Read More »
May 17, 2024
More cities are rolling out plans to purchase unsold apartments and turn them into affordable homes. ICYDK: On Tuesday, Bloomberg scooped that the State Council is considering sponsoring large-scale government purchases of unsold housing, with a draft plan expected by… Read More »