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January 13, 2022
Several of China’s largest banks have become more selective about funding real estate projects by local government financing vehicles.
January 13, 2022
© Reuters. PHOTO PHOTO: The Sunac China Holdings Ltd logo was seen in an exhibition held on May 25, 2015 in Hangzhou, Zhejiang Province, China. Photo
January 13, 2022
China Evergrande Group on Thursday secured approval from onshore bondholders to delay payments on one of its bonds.
December 31, 2021
/PRNewswire/ -- On December 17, Desun Services was officially listed on the Hong Kong stock market. With Rapid Business Growth, Desun Services is...
December 31, 2021
/PRNewswire/ -- On December 17, Desun Services was officially listed on the Hong Kong stock market. With Rapid Business Growth, Desun Services is...
December 15, 2021
Shares in Shimao, which was one of China's top-10 developers last year and investment grade-rated until a month ago, fell a record 20%.
December 14, 2021
By Marc Jones LONDON (Reuters) -Sharp falls in Shimao Group's shares and debt, triggered by worries over an asset sale and cancelled apartment deals, ...
December 7, 2021
China’s property magnates face a choice between giving up control or risking insolvency as the industry’s liquidity crisis deepens. It’s a marked contrast to previous crunches, when founder-chairs mostly came up with ways to cling to their controlling stakes.
November 20, 2021
Chinese developers step up to raise cash thru share sales. Surging bond yields made developers difficult to refinance, declining home sales added to the gloom.