Outlook for China's developers appears bleak amid looming debt maturities. falling home sales and uncertainty over a proposed property tax

China's former top selling developer, now struggling with $300 billion in liabilities, has been deemed to be in cross-default by rating agencies

NDRC urges local bureaus to step up publicity, cut red tape and improve services so that more infrastructure projects can be listed as REITs

The new requirement will be enforced for a government land sale in the New Territories in the first quarter of 2022, as well as at another site to be sold by railway operator MTR Corp

High Court claim arises from “alleged events of default” under a credit agreement that includes certain non-payment events

Embattled developer with $19bn of offshore bonds in cross-default faces payments of $255m for its June 2023 and 2025 notes. News it has resumed work on 91% of projects failed to lift its stock.

Hong Kong property agents said buyers turned more cautious after prices hit a new peak, amid concerns that policy measures could be introduced to cool the market

Shanghai Shimao said it would be difficult to meet its 38 billion yuan ($5.96 billion) full-year sales target, as sales in the first 11 months totalled just 28.2 billion yuan

Chairman Hui Ka Yan vowed on Sunday to deliver 39,000 units of properties in December, but the group looks likely to default on a further $255m of bond payments due today

Evergrande claims it has resumed construction and decoration work at 115 projects, with its chairman vowing to deliver 39,000 completed home units by the end of this year

Evergrande boss Hui Ka-yan's stake in its property services unit has fallen to 58.18% from 60.96% after a forced sale of pledged shares by a third party, a stock exchange filing showed

Central Group, owned by the billionaire Chirathivat family, and Austrian investor Rene Benko's Signa own department stores in Germany, Italy, Denmark and Switzerland