Property - Bamboo Works - China stock insights for global investors

After earlier brushes with death, Greentown rebuilds with a stronger foundation

Tue, 14 May 2024 00:16:54 +0000

Despite falling sales in the first four months of the year, the property developer’s revenue was still much higher than many of its struggling rivals Key Takeaways: By Lau Chi Hang It’s often said that one man’s misfortune is another man’s fortune. But in the case of Greentown China Holdings Ltd. (3900.HK), the company’s earlier misfortune is.....

The post After earlier brushes with death, Greentown rebuilds with a stronger foundation appeared first on Bamboo Works.

PODCAST: Construction Material Woes, and a New Bull Market

Tue, 07 May 2024 07:40:23 +0000

Much has been said about China's suffering property developers, but construction material makers are also in trouble. Will the government come to their rescue? And offshore China stocks enter bull territory with a 25% rally for the Hang Seng Index. What's driving this sudden surge, and will it last?

The post PODCAST: Construction Material Woes, and a New Bull Market appeared first on Bamboo Works.

Beleaguered Country Garden gets some temporary relief from domestic creditors

Sun, 05 May 2024 23:53:13 +0000

Some of the struggling developer’s Chinese creditors recently agreed to roll over their maturing obligations, as the company races to restructure its foreign debt Key Takeaways: By Lau Chi Hang Ten years ago when his property development firm was thriving, Country Garden founder Yang Guoqiang ambitiously wrote a brief 12-line verse titled “The Country Garden.....

The post Beleaguered Country Garden gets some temporary relief from domestic creditors appeared first on Bamboo Works.

Deadbeat developer debt collection enters new phase with Shimao liquidation

Tue, 16 Apr 2024 00:08:07 +0000

China Construction Bank’s request to liquidate Shimao shows that state-owned banks are starting to take legal action to recover their money from the debt-ridden industry Key Takeaways: By Li Shih Ta A new phase of all-out war has begun in China’s sagging real estate industry, pitting struggling developers against their increasingly militant creditors seeking to.....

The post Deadbeat developer debt collection enters new phase with Shimao liquidation appeared first on Bamboo Works.

Shangri-la finds new life in tourism industry rebound

Tue, 02 Apr 2024 01:10:42 +0000

The high-end hotel operator ended three years of losses with a return to profits last year, buoyed by a post-pandemic rebound in global travel Key Takeaways: By Lau Chi Hang As the global economy stumbles its way back to post-pandemic health, tourism stands out as a surprising bright spot that has rebounded much more strongly......

The post Shangri-la finds new life in tourism industry rebound appeared first on Bamboo Works.

Ailing property market got you down? Not if you’re KE Holdings

Mon, 25 Mar 2024 00:24:41 +0000

The integrated online and offline real estate broker returned to the black last year and paid a generous dividend despite operating in China’s weak property market Key Takeaways: By Lau Chi Hang It’s one thing to ride the coattails of a booming industry like China’s property market was for most of the last three decades......

The post Ailing property market got you down? Not if you’re KE Holdings appeared first on Bamboo Works.

E-House rebuilding hits snag as rights plan stalls

Mon, 11 Mar 2024 00:47:55 +0000

The setback has added new uncertainties to the online real estate agent’s ongoing restructuring Key Takeaways: 　 By Lau Chi Hang The rebuilding has stopped, at least for now, at E-House (China) Enterprise Holdings Ltd. (2048.HK), a former highflier that has become a poster child for the woes overtaking China’s property sector. The online real estate services.....

The post E-House rebuilding hits snag as rights plan stalls appeared first on Bamboo Works.

Evergrande brings down the house on wild era for China property

Tue, 06 Feb 2024 00:47:35 +0000

International bondholders have low expectations for recouping their money as the world’s most indebted developer is finally ordered to liquidate Key Takeaways: By Ken Lo After months of delays, a Hong Kong judge finally pulled the trigger on China Evergrande Group (3333.HK) last week by ordering the debt-laden developer to liquidate, ending a saga that began.....

The post Evergrande brings down the house on wild era for China property appeared first on Bamboo Works.

Country Garden’s trumpeted overseas house crumbles

Mon, 29 Jan 2024 01:26:15 +0000

The debt-hobbled former property leader is quietly exiting its many overseas projects to raise cash, as it also faces policy uncertainties abroad Key Takeaways: By Lau Chi Hang A decade ago when it was on the rise, Country Garden Holdings Co. Ltd. (2007.HK), having conquered its home China market by feeding an endless appetite for homes.....

The post Country Garden’s trumpeted overseas house crumbles appeared first on Bamboo Works.

Aoyuan gets relief from debt restructure, as its fate stays tied to property market

Mon, 22 Jan 2024 00:50:46 +0000

Several courts have approved the struggling developer’s offshore debt restructuring plan, which will save Aoyuan billions of dollars in interest payments Key Takeaways: By Lau Chi Hang “Winter will eventually pass, and spring is sure to come.” That was the message of hope coming from Guo Ziwen, a major shareholder of debt-strapped China Aoyuan Property.....

The post Aoyuan gets relief from debt restructure, as its fate stays tied to property market appeared first on Bamboo Works.

The Middle East beckons for Hong Kong’s Regal hotel chain

Tue, 02 Jan 2024 00:36:24 +0000

Facing an outflow of western funds, Hong Kong has been wooing Middle East investors and has enlisted Saudi Arabia as a partner in the hotel business Key Takeaways: By Lau Chi Hang The Middle East is emerging as a major investor in mainland China and Hong Kong, as the tide of U.S. and European funds recedes......

The post The Middle East beckons for Hong Kong’s Regal hotel chain appeared first on Bamboo Works.

Hywin undermined in the shadows of China’s real estate slump

Wed, 20 Dec 2023 00:08:59 +0000

Some products distributed by the real estate-focused wealth management company may be having trouble paying promised returns Key Takeaways: By Warren Yang China’s ailing property market is fast infecting other parts of the economy, the result of years of investment by other sectors seeking to cash in on a real estate market that boomed.....

The post Hywin undermined in the shadows of China’s real estate slump appeared first on Bamboo Works.