https://www.bloomberg.com/news/articles/2024-06-25/china-s-rich-spend-millions-on-shanghai-property-bucking-crisis
More than 200 homes priced from nearly $5 million were taken in less than a day. Apartments worth $3.8 million were five times oversubscribed. Shanghai's luxury real estate market is a bright

https://www.straitstimes.com/business/property/china-s-rich-spend-millions-on-shanghai-property-bucking-crisis
Shanghai's luxury real estate market is a bright spot in China's bleak property sector. PHOTO: AFP. A US$15 million (S$20.3 million) penthouse was snapped up hours after it went on sale. More

https://www.businesstimes.com.sg/property/chinas-rich-spend-millions-shanghai-property-bucking-crisis
Shanghai's luxury real estate market is a bright spot in China's bleak property sector. PHOTO: BLOOMBERG. A US$15 million penthouse was snapped up hours after it went on sale. More than 200 homes priced from nearly US$5 million were taken in less than a day. Apartments worth US$3.8 million were five times oversubscribed.

https://www.bloomberg.com/news/videos/2024-06-25/china-s-rich-spend-millions-on-shanghai-homes-video
June 24th, 2024, 9:36 PM PDT. Shanghai's luxury real estate market has emerged as a bright spot in an otherwise bleak Chinese property sector. The financial hub is the only mega city where people

https://www.theedgesingapore.com/news/property/chinas-rich-spend-millions-shanghai-property-bucking-crisis
More than 200 homes priced from nearly US$5 million were taken in less than a day. Apartments worth US$3.8 million were five times oversubscribed. Shanghai's luxury real estate market is a bright spot in China's bleak property sector. It is the only one among the country's mega cities that's still attracting people to put down money in

https://www.hindustantimes.com/real-estate/chinas-rich-spend-millions-on-shanghai-property-luxury-apartments-worth-3-8-million-five-times-oversubscribed-101719290740995.html
A $15 million penthouse was snapped up hours after it went on sale. Apartments worth $3.8 million were five times oversubscribed in Shanghai (Bloomberg) -- A $15 million penthouse was snapped up

https://www.goldmansachs.com/intelligence/podcasts/episodes/11-28-23-ho-shan-wang-f/transcript-final.pdf
China's GDP is close to 20 percent of the global GDP. And then as you mentioned earlier, property is a large chunk of the Chinese economy. The second reason is that unlike in a lot of different economies, in China, property has linkages to many parts of the economy, including, for example, local governments sell land as part of their revenue.

https://www.scmp.com/business/china-business/article/3244556/spurred-domestic-property-debacle-and-currency-sell-shanghai-high-net-worth-individuals-hunt
LPS Shanghai luxury real estate show received over 6,000 visitors as 150 exhibitors from 50 countries showcased their property projects to potential Chinese buyers China property + FOLLOW

https://www.channelnewsasia.com/business/cna-explains-china-property-developer-country-garden-crisis-how-worried-should-world-be-3737226
Intensifying tremors within China's property sector have renewed fears about potential ... Shanghai Country Garden Center in Shanghai, China on Aug 9, 2023. ... flashing in China's real estate

https://www.scmp.com/business/china-business/article/3188235/prices-luxury-shanghai-homes-shoot-sellers-capitalise
The prices of high-end homes - those priced above 10 million yuan (US$1.5 million) - have shot up in Shanghai amid increasing demand for more spacious flats following the city's two-month

https://www.rfa.org/english/news/china/china-real-estate-10262022152644.html
China's real estate sector has sparked social unrest across the country in recent months, with mortgage boycotts in protest over unfinished buildings spreading more than 300 locations across the

https://www.channelnewsasia.com/east-asia/shanghai-china-lifts-home-buying-curb-boost-property-sector-4367756
28 May 2024 12:37PM. SHANGHAI: Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the

https://www.knightfrank.com/research/article/2023-08-20-unravelling-the-impending-tremors-in-chinas-property-market
The COVID-19 pandemic and regulatory crackdown impacted the housing market in 2020 and 2021. Property sales growth dwindled, liquidity constricted, and financial distress coupled with defaults among developers created a negative credit cycle. Chinese property developers have relied heavily on high leverage and multiple financing channels.

https://theedgemalaysia.com/node/716678
China's rich spend millions on Shanghai property. (June 25): A US$15 million (RM70.61 million) penthouse was snapped up hours after it went on sale. More than 200 homes priced from nearly US$5 million were taken in less than a day. Apartments worth US$3.8 million were five times oversubscribed. Shanghai's luxury real estate market is a

https://www.scmp.com/economy/china-economy/article/3266633/chinese-government-rushes-shore-struggling-property-sector-new-policies
China's real estate sector has become a major pillar of its economy over recent decades, accounting for 25 to 30 per cent of the country's GDP, according to a report released by French

https://www.news9plus.com/shortvideo/shanghais-luxury-real-estate-booms-amid-struggling-chinese-property-sector
Shanghai's luxury real estate sector is witnessing an unprecedented surge while the broader property market faces sluggish demand. Affluent families are flocking to high-end properties as stable investments amidst economic uncertainties, contrasting sharply with the national real estate slowdown. Join News9's Suyash Maheshwari as he brings you the latest.

https://www.msn.com/en-us/news/world/chinese-real-estate-giant-reveals-staggering-81-billion-loss-amid-slump/ar-AA1e0CoA
Chinese real estate developer Evergrande has disclosed losses of $81 billion over 2021 and 2022, underscoring how its massive debts remain a serious concern for the financial health of the Chinese

https://www.youtube.com/watch?v=tFC12htYysE
In a bizarre paradox, Shanghai's luxury real estate market is experiencing an unprecedented boom even as the rest of China's property sector struggles with b

https://www.marketwatch.com/story/china-cuts-mortgage-rates-by-record-amount-to-help-struggling-property-sector-1e574c17
Referenced Symbols. SHCOMP. -0.55%. HSI. -0.03%. China made its biggest ever cut to mortgage rates on Tuesday, as the authorities try to support the struggling property sector, though the response

https://www.channelnewsasia.com/business/china-property-crisis-evergrande-country-garden-suppliers-3736586
If you ask small business owner Bill Ye, the writing was on the wall for China's embattled property sector long before Country Garden said its net losses in the first half of this year could

https://www.scmp.com/business/article/3263246/china-property-revival-shanghai-beijing-and-shenzhen-luxury-home-prices-bodes-well-mass-market
Developers in Shanghai sold 24 billion yuan (US$3.3 billion) worth of luxury homes, a 156 per cent jump from a year earlier, according to an industry data provider China property + FOLLOW