State-backed China Vanke’s sales fell 31% in October compared with 2020, while net profit declined by 23% to $884m in the third quarter amid property sector debt crisis
Cash-strapped developers move cautiously on land buying after tighter regulatory curbs on fresh borrowing
Company said it would 'speed up and conquer difficulties' to ensure projects are delivered on time and in line with quality standards
Funds with large holdings of Chinese real estate companies have been hit hard by the crisis spurred by Evergrande and debt-laden developers
Evergrande's asset disposal spree continued with the sale on Thursday of its stake in Hong Kong-listed HengTen Networks Group for HK$2.13 billion ($273 million).
Investment fund buys Japan’s largest portfolio of golf courses that was initially assembled by Goldman Sachs in the early 2000s
China’s high-yield bond market is in turmoil as investors assess which property developers can service debts
China Aoyuan Group sells properties at a loss of HK$177 million to repay debt and its stock price subsequently plummeted
Fund commits about 70% of its capital raised to a mix of both public and private investments across geographies and sectors
Trading in the Shenzhen-based parent group remains suspended as it tackles the most offshore debt of any Chinese developer after China Evergrande
Chinese authorities have told Evergrande chairman Hui Ka Yan, 63, to use his personal wealth to help pay bondholders
The Chinese real estate market has slowed sharply since May, with sentiment increasingly shaken by stress in the sector in the wake of a growing liquidity crisis