Page 11 - Chinese Developers News Today

Guangzhou R&F is seeking to offload a UK asset in the latest attempt to trim its debt burden. It is turning to Hong Kong tycoon Cheung Chung Kiu to survive the crisis.

Verdict in Hong Kong comes as Beijing is grappling with an underperforming economy

About to join the list of Chinese developers that have defaulted, Country Garden said this week that it might not meet its offshore debt obligations

The debt crisis is deepening, as interim results from the country’s biggest developers showed most of them struggling to generate enough cash to service their loans amid a slowing economy.

At least a fifth of rated Chinese property developers will end up becoming insolvent, putting as much as US$88 billion of their distressed bonds at risk, according to S&P Global Ratings.

China developed satellite-hunting AI that was tested in a scenario that could apply to both hunter and its target.

Many Chinese property stocks were suspended from trading as of April 1 as part of a wave of Hong Kong-listed companies missing the deadline to submit annual financial reports.

China's developers raised funds across all channels down 70 percent in January…falling for the 11th straight month…underlining investors' persistent cautions.

Real-estate firms struggle to rekindle interest, despite Beijing’s recent attempts to ease restrictions

HONG KONG/SHANGHAI—China Evergrande Group on Thursday secured a crucial approval from onshore bondholders to delay payments on one ...