Some local developers are heeding Beijing's call and moving to asset-light businesses such as property services and commercial real estate to cut reliance on a high-debt, high-turnover model

Shares in the country's 30th-largest developer slid 10% in Monday morning trade while its bond prices also tumbled

Asia Financial identifies five more Chinese real estate companies – facing billions of dollars of debt and junk rating downgrades...

Ailing China Evergrande will recoup around $310 million of initial capital contributed and can now settle around $1.1 billion of liabilities

Asia Financial identifies five more Chinese real estate companies – facing billions of dollars of debt and junk rating downgrades – which are prime candidates for default in 2022

China Vanke Chairman Yu Liang revealed a 50% year on year slide in contracted property sales in January to $5.6 billion

Credit rating agency S&P Global ruled after the firm won approval from lenders to delay a $725m senior unsecured note payment due on Thursday

China's former top selling developer, now struggling with $300 billion in liabilities, has been deemed to be in cross-default by rating agencies

The China Evergrande debt crisis deepened Thursday as Fitch declared the property giant in default. It must make another 14 bond coupon payments worth almost $1 billion within five months.

China developers including Country Garden, Greentown China and China Vanke are all considering issuing asset-backed securities.