The crisis at Zhongzhi threatens to reignite concerns that China's property debt crisis is spilling over into the country’s broader financial sector

At a twice-a-decade financial policy meeting this week, Beijing vowed to uphold the centralised and unified leadership of the CCP on China's financial work

On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock

The country's central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation

Workers at dorms on two Country Garden sites in Tianjin, a port city of 14 million people about 135 km (84 miles) southeast of Beijing, complained of months without pay

China's property sector has over the past two years been thrust into a severe debt crisis with many developers defaulting on payments

The People's Bank of China will initially issue about 200 billion yuan of low-interest loans, charging about 1.75% a year, to state commercial banks

Landlords believe that the continuing impact of the pandemic on Hong Kong real estate will be limited in the future, as renters have mostly adapted to the new circumstances

Regulators call on banks to fund housing projects and help real estate developers with their funding needs in a bid to calm worries over the growing boycott of mortgage repayments

Average new home prices across 70 key cities were steady month-on-month, after a 0.1% drop in May and a 0.2% decline in April, data showed

The CSI300 Bank index fell as much as 3.3% in early trading, its lowest since March 2020, hitting banks and developers as the 'Stop Mortgage Repayment' protest spreads to over 100 projects