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New Business

Creditors pursue court action against developers Evergrande, Shimao amid housing slump

Creditors are tightening the screws on two of China’s largest property developers, pursuing court action to retrieve money owed as…

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New Business

Indebted developer Sunac China faces liquidation threat in Hong Kong

A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its…

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New Business

China property: rising home sales bode well for sector reeling for last 4 years

Mainland Chinese developers’ hopes for a better start to the new year received a boost as home sales picked up…

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