New home prices in 100 cities dipped 0.04% in November from a month ago, compared with 0.09% growth in October, China Index Academy data showed

Developers such as China Evergrande and Kaisa Group, struggling under billions of dollars in debt, have sold some assets in recent months to Hong Kong developers to help ease liquidity stress

Eight real estate agents said at least a third of their colleagues have either left the industry or are thinking about it, while major realtor Lianjia reportedly plans to shut many of its offices in Shenzhen

Fantasia Holdings suspends trading in company shares pending release of information after the developer said on Thursday a winding-up petition was filed against a unit over an outstanding loan

Hui Ka Yan sold 1.2bn shares in his company on Thursday for $344m, cutting his stake to 67.9% from 77%. Once China's richest man, he could be broke by mid-2022 if the crisis doesn't ease soon

Construction on the $1.86 billion Guangzhou Evergrande Football Stadium began in April last year. The debt-laden developer is also looking to sell the money-losing Guangzhou Football Club

The sale comes less than 18 months after developer acquired plot from indebted Goldin Financial Holdings for HK$7 billion.

Regulators will look into activities of insurers that are beyond the allowed investment scope, including those invested in commercial real estate projects

Shares of Chinese developer soared as much as 20% on Thursday on news it wants to extend maturity of a $400m bond by 18 months. Evergrande's EV unit also jumped 12%.

Debt-laden developer Kaisa plans an 18-month extension for its $400m dollar bond maturing on Dec 7, business intelligence group Redd said. Chengdu city moves to help developers' liquidity.

The policy will not take immediate effect – Beijing will first carry out pilot schemes in selected areas for the next five years

Offshore bondholders of the embattled Kaisa Group who did not receive coupon payments this month have tapped investment bank Moelis & Co to advise them how to proceed