Beijing unveiled a number of 'historic' steps to stabilise its crisis-hit real estate market which include state-owned firms buying homes

Home sales fell in 19 of 22 surveyed cities during the five-day May Day, falling more than 60% in the mega cities of Guangzhou and Shanghai

The ailing real estate giant is being sued over its failure to repay a loan to state-backed China Construction Bank (Asia) amid a controversial debt restructure

The creditors’ opposition to the proposal could be a major problem for the ailing property giant and China’s crisis-hit real estate sector

Beijing wants its banks to “whitelist" selected real estate firms to help ease the sector's liquidity squeeze and encourage home purchases

Country Garden, Sunac China, Greenland, CIFI and SCE Group have all had some of their projects listed as being suitable for bank loans

Figures showed price rises across 100 cities, signalling the decline in China's property sector may be slowing

A multitude of factors such as social stability and impacts on the property market will be at play when Chinese courts decide on whether to accept the Hong Kong court's ruling on the debt-laden developer

The move “will help accelerate a reduction of housing inventory and promote activity of the property market," one analyst said

It’s feared the unrelenting downturn in the sector that accounts for around a quarter of China's economy could drag on the country's broader recovery

Tumbling confidence sparked by the deepening property crisis and weakening consumption have seen a REITs index drop nearly 50% from an early 2022 peak

Hedge funds rotated their positions to developed Asia markets, including Hong Kong, Singapore and Japan