StreetAccount Sector Summary - China Real Estate Weekly Recap
China Jan-Jul real estate investment CNY5.358T, (12.0%) y/y
China Jan-Jul new-home sales CNY4.359T, (6.2%) y/y
China new-home prices in 70 major cities (0.31%) m/m in July vs month-ago (0.27%) m/m
Chinese regulators to ask SOEs, bad debt managers to buy unsold homes from struggling developers - Bloomberg
StreetAccount M&A Summary: Week of 4-Aug
StreetAccount Macro Headlines:
New World Development in talks with Blackstone, CapitaLand Group and others for asset sales - Bloomberg (HK$7.35, +0.87)
New World Development responds to media reports; clarifies no approach made in relation to any offer (HK$7.40, +0.92)
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