{"id":109856,"date":"2019-08-13T20:23:38","date_gmt":"2019-08-13T13:23:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/guangzhou-based-yuexiu-property-warns-of-tougher-times-ahead-after-beijing-tightens-screws-on-housing-sector-slowing-economy\/"},"modified":"2019-08-13T22:09:15","modified_gmt":"2019-08-13T15:09:15","slug":"guangzhou-based-yuexiu-property-warns-of-tougher-times-ahead-after-beijing-tightens-screws-on-housing-sector-slowing-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guangzhou-based-yuexiu-property-warns-of-tougher-times-ahead-after-beijing-tightens-screws-on-housing-sector-slowing-economy\/","title":{"rendered":"Guangzhou-based Yuexiu Property warns of tougher times ahead after Beijing tightens screws on housing sector, slowing economy"},"content":{"rendered":"<p>&#013;<br \/>\nMainland developer Yuexiu Property posted a 63.2 per cent jump in first half core net profit, but warned that the outlook remains tough against the backdrop of a slowing Chinese economy and property cooling measures.\u201cThe government has been very clear that they want to steady the property sector and the price of land. Rising US-China trade tensions has also made the property market nervous,\u201d Lin Zhaoyuan, chairman of the Guangzhou-based company, said at a news conference to announce the interim\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/investor-relations\/article\/3022653\/guangzhou-based-yuexiu-property-warns-tougher-times\" target=\"_blank\">Guangzhou-based Yuexiu Property warns of tougher times ahead after Beijing tightens screws on housing sector, slowing economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Mainland developer Yuexiu Property posted a 63.2 per cent jump in first half core net&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109856","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-szS","jetpack-related-posts":[{"id":6366,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-china-developer-yuexiu-property-sees-net-profit-fall-59-per-cent\/","url_meta":{"origin":109856,"position":0},"title":"Mainland China developer Yuexiu Property sees net profit fall 59 per cent","date":"February 29, 2016","format":false,"excerpt":"\r Guangdong-based developer Yuexiu Property saw net profit fall 59 per cent last year due to foreign exchange losses and the decline in fair value of a commercial complex in Guangzhou.\r \r Source : South China Morning Post\r Read more...Mainland China developer Yuexiu Property sees net profit fall 59 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/icbc-to-offer-500-billion-yuan-worth-of-credit-to-spur-home-rental-market-in-guangzhou\/","url_meta":{"origin":109856,"position":1},"title":"ICBC to offer 500 billion yuan worth of credit to spur home rental market in Guangzhou","date":"November 16, 2017","format":false,"excerpt":"\r Industrial and Commercial Bank of China (ICBC), the nation\u2019s largest bank by assets, said on Thursday it would offer 500 billion yuan (US$75.4 billion) worth of credit to support the home rental market in Guangzhou. The bank would offer credit to support the establishment of a state-owned residential leasing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-yuexiu-seeks-to-raise-about-us1-billion-via-rights-issue-to-expand-in-greater-bay-area-key-cities\/","url_meta":{"origin":109856,"position":2},"title":"Chinese developer Yuexiu seeks to raise about US$1 billion via rights issue to expand in Greater Bay Area, key cities","date":"April 20, 2023","format":false,"excerpt":"\r Yuexiu Property is raising capital by way of a rights issue to expand in the Greater Bay Area and China\u2019s eastern cities, according to an exchange filing on Thursday in Hong Kong.\r \r Source : South China Morning Post\r Read more...Chinese developer Yuexiu seeks to raise about US billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smaller-developers-react-to-slowing-market-by-selling-entire-buildings\/","url_meta":{"origin":109856,"position":3},"title":"Smaller developers react to slowing market by selling entire buildings","date":"September 4, 2017","format":false,"excerpt":"\r Small to mid-sized property developers appear to have shifted their focus for profit in recent months by selling entire residential blocks to investors as home prices recorded their slowest gain in 16 months, increasing fears of a drop in demand, says industry watchers. Yuexiu Property is the latest developer\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-china-evergrande-suffers-huge-blow-as-us1-7-billion-deal-to-sell-its-hong-kong-headquarters-collapses\/","url_meta":{"origin":109856,"position":4},"title":"Debt-stricken China Evergrande suffers huge blow as US$1.7 billion deal to sell its Hong Kong headquarters collapses","date":"October 15, 2021","format":false,"excerpt":"\r China Evergrande has failed to sell its single largest asset to state-backed Yuexiu Property, Reuters reported, a huge blow to the debt-stricken developer\u2019s frantic efforts to raise the funds it needs to survive.Guangzhou government-backed Yuexiu Property dropped a proposed US$1.7 billion offer to buy Evergrande\u2019s 26-storey office tower in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-proposal-to-ban-property-presales-unfair-says-state-owned-developer\/","url_meta":{"origin":109856,"position":5},"title":"China\u2019s proposal to ban property presales \u2018unfair\u2019, says state-owned developer","date":"October 22, 2018","format":false,"excerpt":"\r A ban on the practise of selling homes before completion could have dire consequences for China\u2019s housing market, with the proposal - now being discussed by a number of municipalities - likely to tamp down supply and add more fuel to prices, according to the chairman of a state-owned\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109856"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109856"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109856\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}