business

Wall Street Dares to Ask If China’s Property Turnaround Is Close

Bloomberg Markets · May 7, 2026, 12:30 AM · Also reported by 4 other sources

Just months into China’s housing downturn, the nation’s second-biggest developer declared the worst is over. A year later, its chairman backtracked on the call, and by 2025, it was teetering on the brink of a default.

Read full story on Bloomberg Markets → More top stories

Also covered by

Yahoo Finance 60 Out of 65 Wall Street Analysts Say Buy Amazon. Not One Says Sell. BBC News Up to 150 former WHSmith high street stores to close Yahoo Finance Curtiss-Wright Corporation (CW) a Moderate Buy, Per Wall Street Yahoo Finance 91-year-old Wall Street bank to challenge Coinbase, Robinhood

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Wall Street Dares to Ask If China’s Property Turnaround Is Close

Also covered by

More in business