Hui Ka Yan sold 1.2bn shares in his company on Thursday for $344m, cutting his stake to 67.9% from 77%. Once China's richest man, he could be broke by mid-2022 if the crisis doesn't ease soon
Cash-strapped developers move cautiously on land buying after tighter regulatory curbs on fresh borrowing
Funds with large holdings of Chinese real estate companies have been hit hard by the crisis spurred by Evergrande and debt-laden developers
Troubled real estate developer has dissolved some units of Fangchebao (FCB), its online real estate and automobile marketplace, Cailianshe reported on Wednesday
Third-quarter earnings from China's property sector and ancillary industries show Beijing's crackdown on borrowing is having an impact far beyond the Evergrande Group
Yango became the latest property developer to warn of financial difficulties as China's real estate bubble deflates.
Beleaguered developer has sought to ease investor anxiety by announcing that work on further unfinished sites has resumed.
Default by another building company adds to worries about spiralling impacts from China Evergrande's enormous debt crisis, as officials from the state planner meet with developers.
Bondholders confirm they were paid for a dollar bond tranche that was due last month, the deadline for which ended last Saturday
Chairman Hui Ka Yan predicts that electric vehicles will be the group's top focus in the years ahead, but many analysts say Evergrande may be lucky to survive the year, let alone the next decade.