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

Temasek subsidiary's deal comes at a time of booming demand for warehouses and logistics infrastructure in China and SE Asia as the pandemic spurs e-commerce

Banks are adjusting lending to reflect the latest central bank guidance of "meeting the normal financing needs" of the property sector

A flurry of asset sales and share placings, including some from Evergrande, has sparked hopes this week that the sector will be able to avoid a full-blown crisis

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