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China property crisis: Hong Kong court orders Evergrande and HNA units to liquidate

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 Business

China state-backed developers give back land they acquired when property market was hot

From Vanke to China Resources Land, a number of state-backed developers on the mainland have unloaded land that they accumulated…

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New Business

No cheer for developers as China’s new home sales projected to fall 15% in 2025: Fitch

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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New Business

China’s Kaisa Group flags US$1.2 billion first-half loss amid home sales slump, write-down

Chinese developer Kaisa Group warned that it expected its net loss to widen for the first half, underscoring the troubles…

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