Beijing's "basket of measures" will channel RMB1.36 trillion toward #LGFVs' immediate liquidity risks. The sum will just put a small dent into the entities' debt problems. Read more: https://t.co/HI6UFFnlOJ
We project a 5%-10% drop in prices for HK homes next year, as rising interest rates have increased mortgage payments 40% on mass-market dwellings. Rated HK developers could weather a price correction of up to 20% without breaching financial triggers: https://t.co/0juOWayGbn
Nikki Haley is equating the UK’s peaceful, treaty-driven handover of HK to China, to a hypothetical invasion of Taiwan by China. First HK, then Taiwan, in the eyes of Ms Haley https://t.co/2B6PuxkNrZ via @YouTube
Exposure to faltering LGFVs may require 1/5th of China's regional banks to recapitalize. The capital shortfall could come to RMB2.2 tril. Read more: https://t.co/ZFvu0MAWH4
The good news for China's property developers is that a bottom is in sight. The bad news is that the sector will likely bump along this floor for years. Read more: https://t.co/jOl1JzQO4I