An attempt to auction assets belonging to an onshore affiliate of mainland property giant China Evergrande Group, which was ordered by a Hong Kong court to be wound up earlier …
“The liquidation is a milestone for China’s biggest corporate defaulter with US$337 billion in liabilities,” said Esther Liu, credit analyst at S&P Global Ratings. “But much of this story is …
China’s measures to boost the nation’s troubled housing market are trickling down to the provincial and city levels, with more cities relaxing curbs to buy property. Suzhou, Shanghai and Guangzhou …
Lombard Odier is the latest to sour on China, cutting allocation to the nation’s assets over concerns about the outlook for the world’s second-largest economy and geopolitical risks. It is …
China Evergrande Group’s overseas creditors are likely to remain on tenterhooks, as the crucial question that follows its liquidation order in Hong Kong is whether the liquidators will be able …
China Evergrande Group will be liquidated, after a Hong Kong High Court approved a petition by creditors to wind up the world’s most indebted property developer, making history as the …
Commentators, especially those who appear not to have experienced past real estate-linked financial crises that have occurred in places ranging from the US and Europe to Hong Kong and Latin …
A unit of China Evergrande Group, the most indebted property developer in mainland China, has agreed to sell its stake in a project in Shantou, southern Guangdong province, continuing to …
Embattled mainland Chinese developer Country Garden Holdings has put a chunk of assets on the block in Guangzhou in a bid to repay sizeable debt due within the next six …
Home sales in 30 major cities tracked by Chinese financial data provider Wind have dropped by 38 per cent month on month and 10 per cent year on year in …