Longfor’s sales plummet over 50% through August
Property developer Longfor Group Holdings Ltd. (0960.HK) on Monday reported it logged 20.84 billion yuan ($3.1 billion) in contracted sales during the first eight months of the year, plunging 54%…
With looming debt pressures, Agile faces tough road to restructuring
Latest earnings figures show the real estate conglomerate remains mired in a liquidity crisis, while facing a court test and an impending payment crunch Key Takeaways: At end of June,…
CR Land’s sales rise 5% in first half of 2026 despite property downturn
Real estate developer China Resources Land Ltd. (1109.HK) reported that its cumulative sales reached about 116.5 billion yuan ($17.18 billion) in the first half of 2026, up 5.6% year over…
Struggling Shimao looks on as creditors move in on its trophy Hong Kong hotel
Its onshore and offshore bonds now restructured, the developer must still navigate its massive bank debt, likely requiring more asset liquidations Key Takeaways: Several creditor banks may be moving to…
BRIEF: Longfor’s sales halve in four months through April
Property developer Longfor Group Holdings Ltd. (0960.HK) on Monday reported its property sales tumbled 53% year-over-year to 10.35 billion yuan ($1.52 billion) in the first four months of 2025. Its…
BRIEF: Greentown sales fall 30% in first quarter
Property developer Greentown China Holdings Ltd. (3900.HK) reported on Thursday that contracted sales for company-owned projects in March totaled 2,840 units, down 18% from 3,478 units a year earlier. Total sales area for…
Country Garden peeks out from the shadow of death
The debt-laden property developer’s latest annual results show it returned to the black in a big way with a profit of more than 3.2 billion yuan last year Key Takeaways:…
