# Asset Impairment
Latest news and articles about Asset Impairment
Total: 2 articles found
The Empty Showroom: Red Star Macalline’s $3.3 Billion Loss Signals Deeper Property Contagion
China's leading home furnishing retailer, Red Star Macalline, reported a massive 23.7 billion RMB loss for 2025, driven by property revaluations and a shrinking retail footprint. The crisis has triggered the first-ever annual loss for its parent company, C&D Inc., and prompted major investors like Alibaba to divest, highlighting the systemic risks lingering in the wake of China's real estate downturn.
Cracks in the Foundation: China’s Cement Giant Tianshan Suffers Record $1 Billion Loss as Property Slump Deepens
Tianshan Co., Ltd., a leading Chinese cement producer, reported a massive 7.29 billion RMB loss for 2025, driven by a 17% decline in property investment and localized price wars. The company's heavy asset impairments signal a structural downturn for China's heavy industry and construction sectors.