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

Sunac dropped 9% to HK$15.48 in early trading, after issuing 335m shares, or 6.7% of total shares including a fresh placement, at HK$15.18 apiece, raising HK$5.1 billion

New home prices fell 0.2% in October in what was also the first decline since March 2015. The contraction compares with zero price growth a month earlier

Government-backed real estate companies had previously purchased only about 45% of land plots sold at auctions

US share rally suggests markets may have expected worse results. It comes as the liquidity crisis at developer Evergrande worsens.

China property stocks surged on reports of policy easing but analysts said regulations to rein in housing prices are little changed

Chinese real estate developer's shares jumped over 9% in Hong Kong on relief that the latest deadline was met. Eyes are now on Kaisa, which has been downgraded again