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
The crisis-hit real estate giant, with more than $300 billion in liabilities, has until Monday to come up with a revised debt restructuring proposal, a judge ruled
Jinbi Property Management Company has begun legal proceedings in a bid to recover deposit certificate pledge guarantees worth about 2 billion yuan