Another Big Chinese Property Domino Is Wobbling
Bonds of Country Garden, China’s largest developer by contracted sales, have been in free fall.
Bonds of Country Garden, China’s largest developer by contracted sales, have been in free fall.
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Healthcare and financial stocks this week pushed into positive territory for the year.
Shares in sawmill and wood-products companies are rebounding this year as home construction recovers.
The money manager GMO, co-founded by Jeremy Grantham, bets on cheap stocks and bonds backed by commercial real estate.
Homes that need extensive renovations are scaring off already cash-strapped buyers, real-estate agents say.
The low supply of available homes is giving builders ample reason to step up construction, despite high interest rates.
Debt markets, where lenders funnel money to businesses and consumers, are showing signs of strain.
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