Standard Chartered, one of the city’s three currency-issuing banks, and Chong Hing Bank were not accepting mortgage requests from potential…
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The Shenzhen government is likely to bail out China Vanke, allowing the troubled mainland Chinese developer to overcome its liquidity…
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Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while forecasting a record US$6.2 billion…
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China’s property market downturn is likely to persist this year with slower home sales and construction activity, hobbled by “structural…
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Fitch Ratings downgraded some of developer China Vanke’s bonds deeper into junk territory, adding to the list of challenges that…
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China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…
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China’s attempt to revive the local property market has helped stabilise sentiment among homebuyers, according to Fitch Ratings. They are…
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Over the past few months, several major Chinese developers have secured fresh approvals for their debt restructuring plans, with creditors…
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But on Friday, the Ministry of Industry and Information Technology (MIIT) halted the system as it sought to consult relevant…
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Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate…
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