A key offshore financing unit of China Evergrande Group was ordered to wind up on Monday, while a court hearing…
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New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus…
Read More »Creditors are tightening the screws on two of China’s largest property developers, pursuing court action to retrieve money owed as…
Read More »Shanghai-based developer Shimao Group prevailed in a Hong Kong court decision to dismiss a creditor petition to liquidate the company,…
Read More »Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has sold all nine units he owned in a…
Read More »From private jets to permanent residency in major cities, cash-strapped developers in mainland China are offering increasingly aggressive incentives to…
Read More »Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…
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