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
The company is selling 16 million shares, which represents 7.7% of its enlarged share capital, as part of a December 2 IPO. It submitted plans to the Hong Kong Exchange on Tuesday.
Beijing tells Taiwanese companies operating on the mainland to choose a side as it punishes conglomerate for alleged business violations
Chinese President Xi Jinping’s drive for “common prosperity” is set to have a defining impact on life in the world’s...
China's drive for “common prosperity" is called a ''profound revolution'' by state media. It has unnerved investors, who are growing increasingly concerned about the country's spiralling economic problems.
Banks are adjusting lending to reflect the latest central bank guidance of "meeting the normal financing needs" of the property sector
Group, which owns a $175 billion minority stake in Tencent, posted an 8% rise in first-half trading profit to $2.9bn as revenue rose rapidly in its overall portfolio
The CSI300 index rose 0.5% in the morning session, while the Shanghai Composite Index gained 0.7%. The Hang Seng index dropped 0.4%.
Embattled developer's electric vehicle unit said it would issue about 900 million shares. That would see its total holdings in the unit drop to 58.5% after the fundraising.
China and the Asean are expected to upgrade their relations during the summit, which will be held via a video link
Hong Kong's Secretary for Food and Health said adolescents aged 12 to 17 will be accorded priority to receive the CoronaVac vaccine
Head of Anti-Monopoly Commission of the State Council calls for a better regulatory system to create a fair market environment.