{"id":132059,"date":"2025-11-13T00:29:23","date_gmt":"2025-11-13T00:29:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/132059\/"},"modified":"2025-11-13T00:29:23","modified_gmt":"2025-11-13T00:29:23","slug":"chinese-developers-losses-mount-assets-shrink","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/132059\/","title":{"rendered":"Chinese Developers\u2019 Losses Mount, Assets Shrink"},"content":{"rendered":"<p class=\"p1\">The financial health of China\u2019s property developers is deteriorating, with shrinking assets and widening losses underscoring the severity of the industry\u2019s multiyear downturn, a recent report showed.<\/p>\n<p class=\"p1\">The combined assets of 33 sample developers listed on the Chinese mainland fell 11% year-on-year to 7.7 trillion yuan ($1.06 trillion) in the third quarter of 2025, according to a report by GF Securities Co. Ltd. The decline marks a steeper drop from the 10.4% contraction recorded in 2024.<\/p>\n<p class=\"p1\">The decline began in 2022 and has since expanded each year. A more telling sign of this trend is the 15.6% year-on-year drop in their combined net assets. Among the 33 companies, only six posted year-on-year asset growth.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/loading.gif\" alt=\"loadingImg\"\/><\/p>\n<p>You&#8217;ve accessed an article available only to subscribers<\/p>\n<p>VIEW OPTIONS<\/p>\n","protected":false},"excerpt":{"rendered":"The financial health of China\u2019s property developers is deteriorating, with shrinking assets and widening losses underscoring the severity&hellip;\n","protected":false},"author":2,"featured_media":132060,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-132059","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/132059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=132059"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/132059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/132060"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=132059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=132059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=132059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}