China Evergrande’s flagship unit, founder punished for securities fraud
CHINA Evergrande Group founder Hui Ka Yan will be barred from the securities market for life and fined 47 million yuan (S$8.7...
China’s property investment declines slow but sector still shaky
CHINA’S fragile housing market opened this year with slower declines in property investment and sales, buoyed by government efforts to arrest a...
China home prices fall at slower pace as policy support mounts
CHINA’S home price declines eased slightly in February, after authorities stepped up efforts to salvage the beleaguered market.
China conglomerates speed up asset sales to beat credit squeeze
IT WAS not so long ago that Chinese companies – state-owned and private – had a reputation for snapping up all sorts...
Long-term China LGFV bond makes rare comeback amid frenzy demand
A LOCAL government financing vehicle in the city of Hangzhou has sold a 20-year yuan bond, marking a rare investor return to...
Rising mortgage defaults bring more pain to Chinese households
CHASED by debt collectors over a mortgage delinquency in a southern Chinese city, former finance worker Lei Xiaoyu no longer answers her...
Country Garden misses yuan bond coupon payment for first time
COUNTRY Garden Holdings missed a coupon payment on a yuan bond for the first time, according to sources familiar with the matter...
China’s first two consumption-related Reits close flat in Shanghai debut
CHINA’S first two public real estate investment products based on commercial retail spaces closed roughly flat after their Tuesday (Mar 12) debut...
China asks large banks to support Vanke in rare intervention, sources say
CHINA has asked banks to enhance financing support for state-backed China Vanke and called on creditors to consider private debt maturity extension...
Chinese developer Vanke cut to junk territory by Moody’s
MOODY’S Ratings stripped state-backed developer China Vanke of investment-grade credit rating and warned of potential further cuts, predicting credit metrics and liquidity...