A bankruptcy filing against a Guangzhou-based unit of collapsed developer China Evergrande has been accepted by a mainland China court, according to a filing with the Hong Kong stock exchange. …
Shimao Group Holdings, one of several mainland Chinese developers facing liquidation suits for failing to repay debts, has become the latest to report higher property sales aided by Beijing’s stimulus …
Country Garden sold more properties in May, becoming the second major Chinese developer to see its turnover improve after Beijing launched a historic rescue package to shore up its battered …
China South City Holdings said it would not have enough cash to pay interest on its foreign-currency debt this month, as the property developer struggles to win the necessary support …
China Evergrande Group has scrapped several court hearings that were previously scheduled in Hong Kong to approve its US$20 billion debt restructuring with several classes of offshore creditors, after the …