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.
Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June
Jaime Dimon's apology for saying JPMorgan would last longer than China's Communist Party is seen as part of a damage control exercise.
Hong Kong office will stage its first tea auction online from December 8-16, offering antique and vintage teas. It said premium pu-erh from China has become highly sought after.
The company said smartphone revenue rose 0.4% to 47.8 billion yuan ($7.49 billion) in the three months to September 30
People’s Bank of China announces new “carbon emission reduction lending facility” to provide low-cost funds for clean power
National data show there were 8.5 births per 1,000 people in 2020, the first time in decades that the figure has fallen below 10
Trade with its three main international trade partners - Vietnam, Malaysia and Thailand - rose over 2020 according to official data
Authorities in Jiangsu province received a tip-off from a person trapped in the scheme operated by an investment platform called BBGO
The policy will not take immediate effect – Beijing will first carry out pilot schemes in selected areas for the next five years
Cyberspace regulators said on Tuesday they will tighten oversight on celebrity reports online, and the placement of their ads on internet sites, 'to avoid promoting bad values'
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