china evergrande

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China’s developers diminish further amid unending property downturn

China’s top real estate developers continue to shrink, according to industry data. The number of mainland property developers achieving annual…

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China Vanke says top managers have no plans to sell shares as it fights for survival

China Vanke’s senior executives have no plans to reduce their personal shareholdings, according to the distressed mainland developer, which is…

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China’s home prices slide further in November as authorities vow to stabilise sector

Home prices in mainland China continued to decline at a rapid pace in November, posing challenges for policymakers who have…

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Vanke’s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk

China Vanke failed to secure bondholder approval to extend by one year a bond payment due on Monday, a filing…

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US advisory firm Alvarez & Marsal plans major expansion in China

US consulting firm Alvarez & Marsal (A&M) is set to further expand its presence in China, after tripling the number…

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Hong Kong court names China Evergrande’s liquidators as receivers of founder’s assets

A Hong Kong judge on Tuesday appointed China Evergrande Group’s liquidators as receivers of the assets of company founder Hui…

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China’s home prices continue slide as support measures fail to budge sentiment

A gauge of new home prices in China slid 0.3 per cent in July, adding to the steepest drop in…

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Hong Kong developer Road King defaults after creditors reject debt amendments

Road King Infrastructure suspended US$22.6 million in interest payments and will defer distributions of US$56.5 million on perpetual securities, making…

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Korean funds are buying Chinese stocks again after selling US$984 million in past 3 years

South Korean fund managers are renewing their interest in Chinese equities after pulling back from the market in the past…

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Xiaomi’s EV unit to become profitable this year, CEO Lei Jun says

Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according…

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