“This is a buyer-led market, where I must offer more benefits to lure buyers,” Xiong lamented. In fact, he worries that the new policies reinforce the idea that the market …
Cash-strapped developer China Vanke is putting more of its fringe assets up for sale to stave off a liquidity crisis and pare US$147 billion of liabilities, after a multi-year slump …
Defaulted Chinese developer Zhenro Properties Group is seeking to postpone a restructuring plan as its liquidity woes continue amid slumping sales, slow asset disposal and the threat of a lawsuit …
One of China’s largest private education operators, XJ International, formerly Hope Education Group, is facing a winding up petition brought by international bondholders after it failed to meet a repayment …
Shares of Hong Kong-listed investment firm Ding Yi Feng Holdings Group International have taken a hit amid speculation that its Shenzhen affiliate plans to list on an international digital exchange, …
State-backed developer China South City averts default on July 2024 note after consent from bondholders China South City Holdings averted a default on an offshore debt after winning consent from …
Chinese developer Country Garden Holdings is selling a minority stake in Zhuhai Wanda Commercial Management Group, China’s biggest shopping mall operator, to help repay mounting debt and ease a liquidity …
Some of the top executives of embattled Chinese property developer Country Garden Holdings are taking a pay cut for the third time since early 2022 as the company focuses on …
Heavily-indebted Chinese property developer CIFI Holding Group extended its asset selling campaign with another loss-making deal, as it grapples with a liquidity crunch and seeks to “survive and sustain under …
Zhongzhi Enterprise Group, one of mainland China’s largest shadow banks, has warned investors that it is unable to repay its debts, setting off alarm bells in the trust sector which …