Global ratings agency S&P has downgraded China Vanke, as the troubled developer grapples with mounting debt and fragile cash flow,…
Read More »liquidity crisis
Sunac China Holdings has reached an agreement with key creditors to restructure US$9.6 billion in offshore debt, marking another step…
Read More »China’s new-home prices fell for a 22nd straight month in March, but the declines continued to narrow as government support…
Read More »China’s new-home prices fell for the 21st straight month in February as a recovery continued to elude the key economic…
Read More »China Vanke sold nearly all of the more than 200 units on offer at its Le Mont project on the…
Read More »Standard Chartered, one of the city’s three currency-issuing banks, and Chong Hing Bank were not accepting mortgage requests from potential…
Read More »Justice Linda Chan adjourned the case until May 26 after hearing a petition from Ever Credit, a unit of Hong…
Read More »A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its…
Read More »Indebted Chinese developer Country Garden Holdings has proposed restructuring terms that aim to reduce its offshore debt by up to…
Read More »Country Garden Holdings pledged to deliver homes to buyers on time and maintain good communications with authorities and stakeholders, as…
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