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Hedge Fund Boss Warns China's Real Estate Collapse Could Outpace US Financial Crisis
Wednesday, February 7, 2024 - 10:31am | 688Read More...The Chinese economy is facing a crisis that could potentially be more severe than the 2008 U.S. financial crisis, according to hedge fund manager Kyle Bass. The ongoing real estate market collapse in China could have significant repercussions, Bass warned. What Happened: In a recent interview with...
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January's Bargain Hunt: This Chinese Asset Is Up For Sale At 30% Discount — Trap Or Treasure?
Monday, January 22, 2024 - 12:58pm | 791Read More...China, the world’s second-largest economy by gross domestic product (GDP), is grappling with a crisis in its domestic real estate sector and spillover effects have cast a shadow over the performance of its offshore stock market. What Happened: BlackRock Inc. (NYSE:BLK) is speeding up the sale...
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China's State-Owned Developers In Crisis: Global Alarm Over Intensifying Housing Downturn
Friday, August 18, 2023 - 9:30am | 808Read More...Warnings from China’s state-owned property developers have sent ripples of concern throughout global markets, raising fears that the housing crisis is no longer confined to the private sector but is spreading to government-backed companies as well. Amid China’s persistent housing slump...
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UPDATE: T.H. Capital Downgrades SouFun
Monday, November 3, 2014 - 10:39am | 281Read More...Tian X. Hou of T.H. Capital downgraded SouFun Holdings Ltd (NYSE: SFUN) to Hold from Buy (with no assigned price target) ahead of the company's third quarter earnings report on Thursday. “We believe the company may have to revise down its 2014 full year guidance as its primary housing business was...
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Oppenheimer Lowers PT On EJ, CRIC
Wednesday, June 1, 2011 - 7:00am | 42Read More...Oppenheimer has lowered the price targets on the following companies E-House China Holdings (NYSE: EJ) Outperform, from $17 to $13 China Real Estate Information (NASDAQ: CRIC) from $12.50 to $10
