Friday , December 3 2021
Home / South China Morning Post / Evergrande’s debt crisis sates appetite for risk, forcing 206 plots to withdraw from China’s land auctions since September

Evergrande’s debt crisis sates appetite for risk, forcing 206 plots to withdraw from China’s land auctions since September

Summary:
[unable to retrieve full-text content]Chinese local governments have withdrawn some 206 plots of land from auctions in major cities since last month as buyers tightened their finances after Evergrande’s debt crisis roiled the property market.The plots represented almost one-third of about 700 plots that were put up for sale in 22 cities including Beijing, Shanghai and Guangzhou. Since September, 15 cities have completed two rounds of auctions under a new centralised sale programme, according to Centaline Properties.In Beijing, 17…

Topics:
Pearl Liu considers the following as important:

This could be interesting, too:

Reuters writes China’s services sector activity expands at slower pace amid rising inflation pressures, Covid-19 outbreaks

Iris Ouyang writes Hong Kong eyes bigger role, market as it helps Hainan with free-trade port development

Calculated Risk writes December 2nd COVID-19: Hospitalizations Increasing

Calculated Risk writes Goldman November Payrolls Preview

[unable to retrieve full-text content]
Chinese local governments have withdrawn some 206 plots of land from auctions in major cities since last month as buyers tightened their finances after Evergrande’s debt crisis roiled the property market.The plots represented almost one-third of about 700 plots that were put up for sale in 22 cities including Beijing, Shanghai and Guangzhou. Since September, 15 cities have completed two rounds of auctions under a new centralised sale programme, according to Centaline Properties.In Beijing, 17…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.