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Search Result for “downturn”

Showing 1 - 3 of 3

PROPERTY

Thailand's property boom attracts Chinese investors, but fraud risks loom

South China Morning Post, Published on 19/12/2024

» Thailand's property market is booming and so is fraud. Mainland Chinese buyers, who accounted for nearly half of the purchases by foreigners last year, are among the victims.

LIFE

Van Gogh painting auctioned for $27.6 million

South China Morning Post, Published on 27/09/2024

» HONG KONG - There were few fireworks at the inaugural evening sale of 20th and 21st century art at Christie's new Asia headquarters in Hong Kong on Thursday, as the economic malaise that has cast a pall over the art market in the past two years continues to make itself felt.

BUSINESS

China's high-yield property bonds hand investors a 22% loss

South China Morning Post, Published on 07/12/2023

» Dollar-denominated bonds sold by junk-rated Chinese developers remain a minefield for investors, as another depressing year of losses and defaults in the real estate sector draws to a close, according to money managers.