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

The plan is to manage a controlled implosion by selling off some assets to Chinese companies

China’s slowdown is likely to intensify, according to analysts at Nomura. They say four negative shocks will hit growth until a threshold is reached in early 2022

Researchers say a property crash in China similar to the ones in Spain and the US during the global financial crisis could scar the global economy for years

Rating agency warns of first multi-year sales decline in Chinese property market's history

A property tax in China is likely to deter speculators and cool surging home prices that have created an affordability crisis in recent years, analysts say

Latest move counters rival, all-cash offer by Cuscaden Peak consortium, majority owned by companies linked to state fund Temasek